Nokia, Vodafone & RingCentral are set to launch IVAS at MWC 2025, bringing 3D spatial audio for lifelike, immersive voice calls.
VIAV validates OTA performance of Nokia's Massive MIMO radio, leveraging the former's state-of-the-art NITRO Wireless test portfolio.
Finland's Nokia on Monday said its CEO Pekka Lundmark would step down and that it had appointed Justin Hotard to take over his role.
U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed a multi-year expansion agreement to upgrade AT&T's voice carriage and 5G network automation in the U.S., the Finnish company said on Tuesday.
Nokia's Q4 2024 earnings and revenues both beat estimates, leading to potential positive EPS revisions and a possible rating upgrade from C-. Operating margin hit 19.1%, the highest since 2015, driven by strong North American demand and a favorable product mix in network infrastructure. Nokia's strong cash generation suggests higher returns through dividends and buybacks.
Nokia (NOK 6.31%), a leading telecommunications and network infrastructure provider, announced its fourth-quarter 2024 results on Jan. 30. Earnings per share (EPS) for the quarter came in at 0.18 euros, which surpassed analyst forecasts of 0.14 euros by a notable margin.
Shares of wireless industry veteran Nokia (NOK 6.19%) had a great day on Thursday. Following a robust earnings release early in the morning, the Finnish company's stock jumped as much as 9.5%.
“The competition in AI markets will only intensify. We are going to see a major global competition between different parts of the world,” Nokia CEO Pekka Lundmark told CNBC's Karen Tso on “Squawk Box Europe” on Thursday.
NOK reports a top-line expansion year over year in the fourth quarter, backed by healthy demand in India, Europe and North America region.
Investors cheered results from Finnish telecom-equipment maker Nokia Corp., which swung to a profit in the final quarter of 2024, driving shares to their best session in months.
Nokia Oyj (NYSE:NOK ) Q4 2024 Earnings Conference Call January 30, 2025 4:30 AM ET Company Participants David Mulholland - Head of IR Pekka Lundmark - President and CEO Marco Wiren - CFO Conference Call Participants Joachim Gunell - DNB Markets Simon Leopold - Raymond James Artem Beletski - SEB Enskilda Sami Sarkamies - Danske Bank Sandeep Deshpande - J.P. Morgan Daniel Djurberg - Handelsbanken Ulrich Rathe - Bernstein Rob Sanders - Deutsche Bank Felix Henriksson - Nordea David Mulholland Good morning, ladies and gentlemen.
Nokia's stock might be undervalued with potential for growth due to new deals and partnerships in AI and 5G, making it a cautious Buy for 2025. Despite stagnant revenue and recent declines, Nokia's improving gross margins and strong cash flows suggest a financial turnaround is possible. The stock's extremely low valuation compared to sector medians presents a favorable risk-reward profile, with potential for significant price appreciation.