Alcatel-Lucent said it expects revenue to fall by 2% to 5% this year, due to declines in spending by a few telecom customers and the weakened dollar. “While the long-term prospects for the industry are positive, the current macroeconomic environment remains uncertain,” the company said in a statement. Shares of the telecom equipment maker went down on the news.

For the quarter ended March 31, the company posted an adjusted operating profit of $56 million compared with a loss of $380 million for the same period last year. The results were due to a $48 million capital gain from the sale of intellectual property rights. The company posted an adjusted gross profit $2.18 billion, or 36.2% of revenues.

Alcatel-Lucent CEO Patricia Russo commented on the results in a statement: “This quarter we made progress in a number of areas and believe we are taking the right actions to position the company to take advantage of the long-term growth potential we see in the industry driven by new subscribers, more broadband deployments and video and data traffic growth.”