The company now sees a Q2 adjusting operating loss of around 40 million Euros, with revenues above 3.5 billion Euros.

FORBES: Alcatel-Lucent Issues Q2 Warning And Shares Dive

Adjusting operating loss in the quarter was 125 million, about 5x what the Street had expected, and about 3.5% of revenue.

FORBES: Alcatel-Lucent Posts Worrisome Q3 Results; Shares Plummet

New interchange regulations for debit cards go into effect October 1, but many banks are already adjusting to this loss of revenue by creating new fees and eliminating rewards programs.

FORBES: This Week in Credit Card News