Nokia Reports Upbeat Q1 Earnings; Shares Rise

Nokia Corp NOK reported its Q1 profit attributable to equity holders of the parent at 344 million euros ($504 million), or 9 European cents share. Nokia's adjusted earnings came in at $0.13 per share, down from $0.14 per share, in the year-earlier period. However, analysts expected earnings of $0.09 per share. The company's sales increased 9% to 10.4 billion euros. The number of handsets shipped increased 1% y/y to 108.5 million units. NOK shares gained 4.54% to $8.98 in pre-market trading. Read more from Benzinga's Company news.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsPre-Market OutlookCommunications EquipmentEarningsInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!