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Stock impact report

Nokia quarterly revenue to get 5G boost before coronavirus impact felt [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 quarterly revenue to get 5G boost before coronavirus impact felt (Reuters) - Nokia Oyj ( NOKIA.HE ) is expected to report a rise in revenue for the first three months of the year, backed by higher sales of 5G equipment, before feeling the effects of supply chain disruption in the current quarter. The Finnish company, battling with China’s Huawei [HWT.UL] and Sweden’s Ericsson ( ERICb.ST ), is trying to strengthen its 5G slate and looking to deployment by U.S. telecom companies for growth. Nokia, which will publish earnings on April 30, is expected to report revenue of 5.1 billion euros ($5.55 billion), up 1.25% from a year earlier, according to Refinitiv data based on eight analysts. Analysts also estimate the company to break even in the quarter compared with an underlying loss of 2 cents per share in the same period last year. Nokia, which axed its dividend after a profit warning last October, is awaiting the arrival of former executive Pekka Lundmark from energy group For Show less Read more
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