Recap: Nokia Q2 Earnings - Nokia (NYSE:NOK)

Nokia NOK reported its Q2 earnings results on Thursday, July 21, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Nokia beat estimated earnings by 10.0%, reporting an EPS of $0.11 versus an estimate of $0.1.

Revenue was down $141.00 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.43% increase in the share price the next day.

Here's a look at Nokia's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.07	0.13	0.07	0.05
EPS Actual	0.08	0.15	0.09	0.11
Revenue Estimate	5.86B	7.46B	6.49B	6.16B
Revenue Actual	6.00B	7.34B	6.37B	6.40B

To track all earnings releases for Nokia visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.