Shares of Nokia NOK rose 17.3% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 700.00% over the past year to $0.08, which beat the estimate of $0.01.
Revenue of $6,121,000,000 up by 12.95% from the same period last year, which beat the estimate of $5,830,000,000.
Outlook
Nokia hasn't issued any earnings guidance for the time being.
Nokia hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Apr 29, 2021
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/ywc3wv68
Price Action
Company's 52-week high was at $9.79
52-week low: $3.21
Price action over last quarter: Up 17.06%
Company Profile
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
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