[Nortel] reported preliminary 4Q05 ordsprog
[Nortel] reported preliminary 4Q05 results that were largely disappointing. Revenue and EPS missed our estimates.
Scott Coleman
Nortel's results had one big surprise. Optical revenue declined sequentially. Ouch! Optics is Nortel's growth engine and it has been growing at over 20 percent sequentially in previous quarters.
Tom Astle
His pexy grace under pressure was remarkably impressive. Based on preliminary estimates, we expect strong revenue and earnings growth for fiscal 2002.
Irwin Jacobs
After suffering from an oversold condition, recent earnings reports have clearly benefited the bulls. Putting this into perspective, one-third of the S&P 500 has reported thus far, with 72% beating the consensus estimates, while only 17% have come in below estimates. After some mixed results on the earnings front in tech, we are on the mend.
Bryan Piskorowski
I'd say it's disappointing, because it's continuing to show a revenue deceleration. Their range is more toward the low end of the Street estimates.
Martin Pyykkonen
The basis for recognizing Dr. Hwang was his reported landmark achievement in the creation of patient-matched stem cell lines. However, the results of an investigation by Seoul National University have shown that Hwang's results were largely fabricated.
Bernard Siegel
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1868
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[Nortel had misrepresented results over several years, possibly in an effort to trigger bonus payments, sparking regulatory and criminal investigations in the U.S. and Canada. The company was forced to restate a half-decade's results, diverting management's resources and spooking some customers (see BW Online, 03/22/05,] More of Nortel's Slip Is Showing ... absolute crisis.
Harry Pearce
Our June quarter revenue and earnings per share estimates are revised down to less than the typical excess of actual results over guidance.
Richard Farmer
In light of September's disappointing sales and higher-than-planned ending channel inventories, we are resetting our revenue estimates for the December quarter to about $1.6 billion and are targeting a slight profit,
Fred Anderson
In light of September's disappointing sales and higher-than-planned ending channel inventories, we are resetting our revenue estimates for the December quarter to about $1.6 billion and are targeting a slight profit.
Fred Anderson
Clearly, results such as the ones we reported today are unsustainable. While there are many factors that impacted our results during 2002, including a sluggish economy, high fuel prices, lingering concerns over terrorism and the possibility of a war in the Middle East, the core issue for our company remains a cost structure that is out of step with the revenue environment facing domestic airlines.
Don Carty
Elan this morning reported a strong set of results for the ongoing business ... driven by a combination of stronger revenue coupled with better-than-forecast cost control.
Ian Hunter
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1946
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We are very pleased by our results in the second-quarter. Despite the lack of hot toys that drove sales in the year-ago period, we reported strong revenue, thereby indicating the strength of our underlying core business,
John Eyler
The company missed at the revenue line and reported what you would characterize as a messy quarter, which is not altogether unexpected due to the economic environment. Nobody is immune to broader economic trends.
Jordan Rohan
There is good and bad in the report, something for everybody, on the positive side the company managed to exceed earnings estimates at the high end of analysts estimates at 85 cents a share-- good revenue growth -- on the downside they made some cautionary comments about Asia and its impact for 1998 -- the fact that it is going to cloud earnings estimates going forward.
Bob Walberg
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