Back to Investor Relations

Date: May 2, 2008 Time: 8:30-9:30 AM EDT Supplementary materials: Nortel Reports Financial Results for the First Quarter 2008 Presentation (PDF, 475 KB) Get the plug-in*

Description: Nortel hosted a teleconference/audio webcast with the investment community.

• Revenue up 11 percent, benefiting from the completion of an LG-Nortel joint venture contract
• Gross margin at 41.6 percent, up 120 bps from prior year period
• Operating margin at 4.7 percent, up 512 bps from prior year period
• Reiterates full year guidance

	Mike Zafirovski, President & Chief Executive Officer
	Pavi Binning, Chief Financial Officer
	Janet Craig, Vice President, Investor Relations
Webcast Be sure to test your ability to participate in a streaming media event. If you do not have RealPlayer (version 8 or higher), download Free RealPlayer. Documentation Consolidated Statements of Operations (13 KB) Consolidated Balance Sheets (11 KB) Consolidated Statements of Cash Flows (11 KB) Consolidated Financial Information (11 KB) Segmented Revenues (12 KB)
Audio Conference Replay North America: 1-800-408-3053 International: 1-416-695-5800 Passcode: 3256865# Investor Contacts Investor Relations Nortel (888) 901-7286 (905) 863-6049 investor@nortel.com