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Quarterly Earnings - Nortel Networks Reports Q2 2002 Earnings

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

  • Results in line with guidance - revenues down 4.8% and bottom line improvement over Q1 2002
  • Strong cash balance of US$4.9 billion
  • Outlook - expect Q3 2002 revenues to be essentially flat to Q2 2002; continued bottom line improvement through 2002

Thursday, July 18, 2002

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

    Angela McMonagle, Vice President, Investor Relations

Supporting Information:
PDF File Consolidated Results (82.3 KB)
PDF File Consolidated Balance Sheet (73.1 KB)
PDF File Consolidated Statements of Cash Flows (73 KB)
PDF File Supplementary Information (72.5 KB)
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Listen to the conference replay:
  • North America:  1-800-633-8625     Passcode: 20248819#
  • International:     1-402-977-9141     Passcode: 20248819#
This replay is available until 11:59 p.m. ET, July 31, 2002.



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


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