Nokia Sales Miss Estimates as Turnaround Fails to Materialize
Nokia Oyj sales missed analysts’ estimates in the third quarter, blaming a slower-than-expected recovery in the telecom equipment market.Net sales fell 8% to €4.33 billion ($4.7 billion) in the quarter from a year earlier,
Nokia Sales Fall On India Slowdown
Finnish telecoms equipment maker Nokia on Thursday reported a 32-percent rise in net profit for the third quarter but sales dropped due to a slowdown in India.
Nokia Q3 sales down, profits up
Nokia has reported that Q3 net sales declined 8 per cent YoY to €4.33 billion as growth in Network Infrastructure and Nokia Technologies was offset by decline
Nokia Sees Improved Q3 Profit but Reports 8% Sales Dip Mainly Due to Weaker India Market
Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a weake
Nokia Q3 profit beats expectation, sees signs of recovery
STOCKHOLM (Reuters) -Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit, and echoed rival Ericsson in seeing demand recovery in some areas. "I am optimistic we are now turning the corner in many parts of our business,
Nokia shares fall as Q3 sales miss estimates
Nokia (HE:NOKIA) shares dropped after the company reported third-quarter 2024 earnings that missed analysts' sales expectations by 9%. At 3:56 am (0756 GMT), Nokia was trading 4.4% lower at €3.868. The telecom giant's sales fell
Nokia Reports 9% Increase in Q3 Operating Profit Amid Recovery in Demand
Nokias Financial Performance Overview Finnish telecom equipment supplier Nokia announced a 9% rise in operating profit for the third quarter, signaling a positive shift in demand in several sectors. This follows
Nokia Q3 operating profit beats expectation
Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit, and said many parts of its business are now turning the corner although some continue to experience market weakness.
Nokia Shares Plunge 7% Amid Q3 Earnings Report
Nokia's stock took a hit today, dropping nearly 7% after releasing its Q3 2024 earnings. The company's net sales fell by 7% ...
Exclusive-Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say
Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another ...
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Nokia CEO bullish despite familiar Mobile woes in Q3
Nokia CEO Pekka Lundmark was optimistic the vendor is turning the corner across many parts of its business despite continued ...
Nokia’s Financial Challenges and Uncertain Outlook Lead to Hold Rating
In a report released today, Sandeep Deshpande from J.P. Morgan maintained a Hold rating on Nokia (0HAF – Research Report), with a price ...
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Nokia suffers as capex rebound fails to materialise in Q3
Nokia has reported its third-quarter financial resultsThe vendor had anticipated an uptick in spending in some parts of its ...
Nokia Q3: Earnings Miss, CEO Cites Telecom Weakness And Anticipates India Demand Rebound
Nokia reported a 7% decline in net sales and missed analyst estimates. Comparable EPS was lower, but net income increased.
Nokia MEA Mobile Broadband Index 2024: 5G driving rapid digital transformation
In addition, Nokia’s Mobile Broadband Index Report 2024 highlights the continued rapid adoption of 5G technology in the region, projecting that by 2029, 5G subscriptions will reach 519 million, with ...
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Nokia and Vale to make private 5G data intrinsic to ‘cognitive’ OT production in mines
Nokia is working with mining company Vale to create a “cognitive monitoring network” to match OT production data to ...
Nokia's Sales Expected to Fall, With Focus on Its Progress Toward Guidance -- Earnings Preview
SALES: Sales are expected to fall 5.6% to 4.7 billion euros in the quarter, according to FactSet. Nokia has previously said it thought the industry was stabilizing, and expects a significant ...