Nortel Reports Results for the Fourth Quarter and Full Year 2006
Description: Nortel hosted a teleconference/audio webcast with the investment community.
- Q4 revenues up 10 percent year over year to $3.32 billion
- Q4 operating margin* of 4.2 percent compared with 1.4 percent in prior year
- Q4 net loss of $80 million, $0.19 per common share on a diluted basis
- Full Year 2006 revenues of $11.42 billion, up 9 percent year over year
- Full year operating margin* of 0.0 percent compared with (0.2) percent in 2005
- Full Year 2006 net earnings of $28 million, $0.06 per common share on a diluted basis
- Year End 2006 cash balance of $3.49 billion - reflecting strong positive cash flow from operations of $520 million in Q4 and $237 million for the full year
- Restatement completed
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Mike
Zafirovski,
President & Chief Executive Officer |
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Terry Glofcheskie, Vice President, Investor Relations
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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
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Audio Conference Replay
| North America: |
1-800-383-0935 |
| International: |
1-402-530-5545 |
| Employees: |
ESN 250-5545 |
| Passcode: |
21332243# |
Investor Contacts
Investor Relations
Nortel
(888) 901-7286
(905) 863-6049
investor@nortel.com
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