Published on 17 Oct 2024 on Benzinga · via Yahoo Finance
Nokia Q3: Earnings Miss, CEO Cites Telecom Weakness And Anticipates India Demand Rebound
Nokia Corp (NYSE: NOK) reported a fiscal third-quarter net sales decline of 8% year-on-year (7% in constant currency) to 4.33 billion euros ($4.76 billion), missing the analyst consensus estimate of $5.34 billion.
The comparable EPS was $0.07 (0.06 euros), compared to the analyst consensus estimate of $0.08. The stock slid after the quarterly print.