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Nokia shares fall
Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market
Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a weaker India market.
Nokia India Sales Plummet 44% in Q3
Both European network suppliers recently signed huge contracts totalling over Rs 28,000 crore to supply network equipment to Vi.
Nokia shares fall as Q3 sales miss estimates
Nokia (HE:NOKIA) shares dropped after the company reported third-quarter 2024 earnings that missed analysts' sales expectations by 9%. At 3:56 am (0756 GMT), Nokia was trading 4.4% lower at €3.868. The telecom giant's sales fell
23h
Nokia Corporation Interim Report for Q3 2024
Nokia's full year 2024 outlook is unchanged. Nokia currently expects comparable operating profit of between EUR 2.3 billion and 2.9 billion and free cash flow conversion from comparable operating ...
18h
Nokia Q3: Earnings Miss, CEO Cites Telecom Weakness And Anticipates India Demand Rebound
Nokia reported a 7% decline in net sales and missed analyst estimates. Comparable EPS was lower, but net income increased.
devdiscourse
14h
Nokia Defies Challenges: Cost-Cutting Boosts Q3 Earnings Amid Sales Slump
Nokia reported a 22% increase in third-quarter net profit, despite suffering an 8% drop in sales primarily due to a weaker ...
7h
Apple's 3nm Push Boosts Taiwan Semi's Q3, AI Revenue Set To Triple: Analyst
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock surged after upbeat quarterly print on Thursday. The key Nvidia Corp ...
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