Nortel Reports Results for the Second Quarter 2008
Description: Nortel hosted a teleconference/audio webcast with the investment community.
- Revenue of $2.62 billion, up 2 percent year-over-year and 7 percent on a year-to-date basis
- Gross margin at 43.1 percent, up 204 bps from prior year period
- Management operating margin at 4.3 percent, up 302 bps from prior year period
- Maintains full year guidance, in an increasingly challenging business environment
|
|
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
|
| |
|
|
Audio Conference Replay
| North America: |
1-800-408-3053 |
| International: |
1-416-695-5800 |
| Passcode: |
3265567# |
Investor Contacts
Investor Relations
Nortel
(888) 901-7286
(905) 863-6049
investor@nortel.com
|
