Nokia's Q3 Profit Beats Expectations Amid Booming AI Sales
Story updates
05:39:52 AM UTC
SquawkNews
ESPOO (dpa-AFX) - Finnish telecom and network technology major Nokia Oyj (NOK, NOKIA.HE) on Thursday reported significantly higher profit in its third quarter, while operating profit declined, amid increased sales.In the overnight activity on the NYSE, the shares were trading 0.11 percent lower at…
05:50:17 AM UTC
SquawkNews
(05:00 GMT) *Nokia 3Q Sales EUR5.15B (05:00 GMT) *Nokia: Analysts Saw 3Q Sales at EUR5.06B (05:00 GMT) *Nokia 3Q Oper Pft EUR196M (05:01 GMT) *Nokia 3Q Comparable Net Profit EUR494M (05:01 GMT) *Nokia: Analysts Saw 3Q Comparable Net Profit At EUR342M (05:01 GMT) *Nokia 3Q Net Pft EUR152M (05:01 GMT…
06:06:15 AM UTC
SquawkNews
Nokia Oyj’s (NOK) stock is heading for a weekly gain after the Finnish telecom equipment maker reported a 10% year-over-year increase in third-quarter (Q3) sales, fueled by surging AI and cloud demand. Comparable operating profit jumped 35%, while the company maintained its 2026 outlook.Nokia stock…