Nokia makes small profit in face of supply disruption [Yahoo! Finance News]
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 News
The logo of Nokia is seen before the company's news conference in EspooBy Tarmo Virki and Supantha Mukherjee) - Nokia Oyj eked out a small profit in the first quarter, backed by demand for its new high-margin 5G telecoms equipment, and predicted a strong second half of the year, sending its shares higher.The Finnish company said the bulk of the coronavirus impact will be felt in the current quarter. Its revenue slipped 2% in the first three months of the year as it took a hit of about 200 million euros $217 million) largely because the pandemic disrupted supply from operations in China.Nokia, battling with China's Huawei and Sweden's Ericsson , is trying to strengthen its 5G slate and looking especially to deployment by U.S. telecom companies for growth.Ericsson and Huawei both increased their revenue in the first quarter, helped by strong demand as telecom services help to keep businesses working remotely during the pandemic.Nokia expects a seasonally strong second half when it will
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NOK
Earnings
- 10/23/25 - In-Line
NOK
Sec Filings
- 1/14/26 - Form 6-K
- 12/11/25 - Form 6-K
- 12/9/25 - Form 6-K
- NOK's page on the SEC website