Nokia: Q2 Earnings Snapshot
By AP News
Published - Jul 20, 2023, 05:09 AM ET
Last Updated - Jul 20, 2023, 05:09 AM EDT
ESPOO, Finland (AP) — ESPOO, Finland (AP) — Nokia Corp. (NOK) on Thursday reported second-quarter earnings of $315.7 million.
The Espoo, Finland-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 8 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The technology company posted revenue of $6.22 billion in the period.
