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Nokia Oyj (NYSE:NOK) shares are trading down after reporting third-quarter EPS of .01 euros (.011 cents), operating profit of 478 million euros and sales of 5.7 billion euros.
The company cut fiscal year 2019 earnings guidance from a range of 0.25-0.29 euros to 0.18-0.24 euros and its full-year operating margin guidance from 9-12% to 7.5-9.5%.
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Nokia's U.S.-traded shares were falling by 18% to $4.19 in Thursday's premarket session.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.