Nokia (NOK) Q1 Earnings Beat Estimates Despite Lower Revenues [Yahoo! Finance]
Nokia Corporation Sponsored American Depositary Shares (NOK)
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am
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Source: Yahoo! Finance
Nokia Corporation NOK reported mixed first-quarter 2024 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. The company reported a top-line contraction year over year owing to sluggish demand trends in multiple verticals. A slowdown in 5G deployments in India, weak demand in North America and macroeconomic headwinds affected the net sales. The patent license agreements in the Nokia Technologies vertical partially cushioned the top line. Net Income Nokia registered a net income of €438 million ($475.51 million) or €0.08 (9 cents) per share in the first quarter compared to an income of €289 million or €0.05 per share in the year-ago quarter. Comparable profit was €501 million ($543.91 million) or €0.09 (10 cents) per share, up from €342 million or €0.06 per share in the year-earlier quarter. The improvement is primarily attributed to higher operating profit and net positive fluctuations in financial income and expenses. The bot
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News
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- Nokia and Vodafone complete successful Open RAN trial in ItalyGlobeNewswire
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NOK
Earnings
- 4/18/24 - Beat
NOK
Analyst Actions
- 4/16/24 - JP Morgan
NOK
Sec Filings
- 4/24/24 - Form 6-K
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- NOK's page on the SEC website