Lucent saw its fourth quarter net income leap 49 per cent to $548 million to rake in 41 cents a share, surpassing analysts' expectations of 39 cents.
Revenues jumped 23 per cent to $8.04 billion. The figures exclude a $369 million one-time charge related to the acquisition of Octel Communications.
Areas that enjoyed biggest growth include the business communications unit plus the traditional network operators business, which grew 35 per cent and 22 per cent, respectively.
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