Nokia (NOK) extends collaboration with eir to bolster Ireland's telecom infrastructure.
Nokia (NOK) completes its first 5G non-standalone (NSA) Cloud RAN trial in India.
Nokia (NOK) reports a revenue decline year over year, owing to soft demand trends in several segments. Signs of recovery in North America is a positive.
American depositary receipts (ADRs) of Nokia (NOK) dropped Thursday after the Finnish telecommunications company reported second-quarter results that included lower sales than analysts had expected and a surprise loss.
Nokia shares slumped on Thursday as the Finnish telecom equipment maker reported challenging conditions in mobile networks as well as cloud and network services.
The Finnish telecoms company's shares tumbled on Thursday after it flagged weaker demand for its 5G equipment.
Nokia said its comparable operating profit declined to 423 million euros ($462 million) in the second quarter, down by nearly a third from the 619 million euros posted in the same period of last year. "The most significant impact was the challenging year-ago comparison period which saw the peak of India's rapid 5G deployment with India accounting for three quarters of the decline," Nokia CEO Pekka Lundmark said.
Finnish telecom equipment maker Nokia said on Thursday its comparable operating profit fell 32% in the second quarter, as sales of 5G telecom equipment stayed sluggish.
Nokia (NOK) partners with Telecom Egypt to introduce 5G technology in Egypt for the first time.
Markets do not expect Nokia to post a great Q2 report: expectations are high on its outlook. Nokia's stock gained 16.67% since Q1 results, outperforming S&P 500. Q1 results showed improved operating margins and strong free cash flow.
Nokia (NOK) collaborates with Norlys to enhance telecommunication infrastructure in Denmark.
The company reported an increase in revenues and operational EBIT for 1Q24, with expectations of high harvest levels and growth until 2026E. I'm a long-term shareholder of Bakkafrost with an initial stake of 200 NOK per share, expecting quadruple-digit share prices for a superb return. I added more Bakkafrost shares at 540 NOK due to the positive outlook on the company owning 50%+ of fish farming licenses in Faroes.