Nokia, 5G
Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
Nokia said its comparable operating profit declined to 423 million euros ($462 million) in the second quarter, down by nearly a third from the 619 million euros posted in the same period of last year.
Nokia Quarterly Sales Lowest Since 2015 as 5G Slump Persists
Nokia Oyj sales in the second quarter were the lowest of any period since 2015 and missed analyst estimates, as weak investment in mobile network upgrades continues to hobble the 5G equipment market.
Nokia sees double-digit fall in Q2 profit, sales in weak 5G market but sees improved 2nd half
Wireless and fixed-network equipment maker Nokia has reported a double-digit fall in profit and sales in the second quarter due to a continuing weak market as clients are holding off investments in 5G
Nokia Cuts Sales Guidance as Market Uncertainty Continues
Nokia cut its full-year sales outlook but said it was tracking toward the mid-point or slightly below the mid-point of its operating profit guidance, warning that telecom operators continued to hold back on investing in new network equipment.
Nokia Reports 18% Decline in Q2 Sales Amid Weak 5G Market
Nokia reported an 18% decline in second-quarter sales, falling to 4.47 billion, the lowest since 2015. The weak 5G market and insufficient investment in mobile network enhancements resulted in
Former telephone giant Nokia sees double-digit fall in sales amid challenging 5G environment
Nokia Oyj sales in Q2 declined 18% to €4.47 billion ($4.9 billion) — the lowest of any period since 2015.
Nokia's Q2 financial descent as 5G investment hesitation persists
Hiking through clients' reluctance over investments in 5G technology, Nokia reported a sharp drop in both profit and sales for the second quarter. The Espoo, Finland-based company says net profit tailed down to 328 million euros ($359 million) for the April−June period from 409 million euros ($447 million) a year earlier.
Nokia Q2 Profit Drops, 5G Market Weak, But Sees Improvement
Nokia reports a double-digit fall in Q2 profit and sales due to a weak 5G market, but CEO Pekka Lundmark sees improvement in the second half.
Nokia shares slump after sales miss, cautious commentary
Nokia shares slumped on Thursday as the Finnish telecom equipment maker reported challenging conditions in mobile networks as ...
Nokia stock dips 6% on weak forecast: Will Trump target the 5G supplier again in second term?
Will Trump attempt to buyout Nokia if elected? During his previous term, the former president wanted to buy Nokia to fight ...
Reuters on MSN3d
Nokia reports 32% drop in profit but sees recovery in 2nd half
July 18 (Reuters) - Nokia (NOKIA.HE), opens new tab reported a 32% drop in second-quarter operating profit, citing weak ...
Nokia Corp. ADR outperforms competitors on strong trading day
Nokia Corp. ADR closed $0.44 short of its 52-week high ($4.09), which the company achieved on September 7th.
Seeking Alpha on MSN2d
Nokia cuts sales outlook across business units amid market weakness
Nokia (NYSE:NOK) shares fell 7% in early trading on Thursday after the Finnish telecoms firm lowered sales growth ...
Business Insider1d
Nokia (0HAF) Gets a Hold from Kepler Capital
Kepler Capital analyst Sebastien Sztabowicz maintained a Hold rating on Nokia (0HAF – Research Report) on July 18 and set a price target of €3.40. The company’s shares closed last Thursday at €3.37.
Nokia's Q2 Earnings: Record-Low Revenue As 5G Investment Slows, Annual Outlook Cut, Stock Slides
Nokia Corp (NYSE: NOK) reported Q2 2024 net sales decline of 18% YoY to 4.47B euros ($4.81B), missing estimates. Weak telecom ...