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Quarterly Earnings - Nortel Networks Reports Q4 2002 and Year 2002 Earnings

Nortel Networks hosted a teleconference / audio webcast with the financial community to discuss earnings for the fourth quarter of 2002 and for the Year 2002.

  • Q4 2002 revenues: US$2.52 billion, up sequentially approximately 7 percent
  • Q4 2002: net loss per common share of US$0.06; pro forma net loss(a) per common share of US$0.01
  • Strong cash performance in Q4 2002; "net cash positive" at the end of Q4 2002
  • Expensing stock options, effective January 1, 2003

Thursday, January 23, 2003
5:00 - 6:00 PM Eastern Time

Speakers:
    Frank Dunn, President, Chief Executive Officer
    Doug Beatty, Chief Financial Officer
Chairperson:

    Angela McMonagle, Vice President, Investor Relations
Supporting Information:
PDF File Consolidated Results (75.9 KB)
PDF File Consolidated Balance Sheet (64.8 KB)
PDF File Consolidated Statements of Cash Flows (62.6 KB)
PDF File Supplementary Information (63.9 KB)
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Listen to the conference replay:
  • North America:  1-800-383-0935     Passcode: 21057025#
  • International:     1-402-530-5545     Passcode: 21057025#
This replay is available until 11:59 p.m. ET, February 6, 2003.



Investor Contacts:
Investor Relations
Nortel Networks
(888) 901-7286
(905) 863-6049
investor@nortel.com


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