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Stock impact report

Nokia first quarter in profit, revenues miss consensus [Reuters]

Nokia Corporation Sponsored American Depositary Shares (NOK) 
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am Check Earnings Report
US:NYSE Investor Relations: nokia.com/en_int/investors
Company Research Source: Reuters
Nokia first quarter in profit, revenues miss consensus HELSINKI (Reuters) - Nokia Oyj ( NOKIA.HE ) reported lower-than-expected revenues for the first three months of the year on Thursday, but eked out a small profit, backed by good demand for 5G telecoms equipment. The Finnish company, battling with China’s Huawei and Sweden’s Ericsson ( ERICb.ST ), is trying to strengthen its 5G slate and looking especially to deployment by U.S. telecom companies for growth. Nokia reported January-March revenues of 4.9 billion euros ($5.33 billion), missing the 5.1 billion euro consensus figure, according to Refinitiv data. Nokia generated first quarter underlying profit of 1 cent per share, beating analysts forecast for breakeven, and a loss of 2 cents per share in the same period last year. Show less Read more
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