luminous Tech CHICAGO, April 24 (Reuters) - Struggling telecommunications equipment giant lucent Technologies Inc. on Tuesday reported a $3.7 billion second- shit loss, all the same its tenor surged as much as 22 portion on optimism its long-awaited turnaround could be near at hand. The confederacy, ground in Murray Hill, N.J., said the pro forma loss for the quarter, excluding restructuring charges and other one-time costs, was 37 cents a share, compared to a gain of 16 cents in the year-ago period. However, results change 5 percent from a pro forma first-quarter loss of 39 cents.
The company said in January its financial results would improve each quarter through the year. Lucents stock surged as much as 22 percent, and was still up 13.37 percent, or $1.23, at $10.43 in Tuesday afternoon trading on the New York Stock Exchange. everywhere the bypast year, it has underperformed the Standard & Poors 500 Index by more or less 80 percent. ``We said wed talk less and do more, Lucent...If you emergency to support a full essay, order it on our website:
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