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Nokia profit News

27 Apr 2017

Nokia reports another loss as networks sag

Finland's telecoms giant Nokia reported on Wednesday that it remained deep in the red at the start of the year, with sales in its main business, networks, on the decline.

Telecom network gear

30 Jul 2015

Nokia`s result "far above expectations": Analyst

The company reported group sales increased nine percent compared with the same period last year, to 3.2 billion euros ($3.5 billion).

Telecom network gear

30 Jul 2015

Nokia, Alcatel-Lucent post strong results as merger approaches

Shares in telecom network gear makers Nokia and Alcatel-Lucent jumped on Thursday after both posted strong second-quarter results, giving a positive signal ahead of their pending merger.

30 Apr 2015

Nokia's telecom network profit drops in first quarter

Overall revenue held up well to come in slightly ahead of forecasts, but Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America.

29 Jan 2015

Nokia's network unit beats on N. America growth

The unit`s fourth-quarter operating profit rose to 470 million euros ($530 million) or 14 percent of sales, from 397 million euros in the previous quarter.

14 Nov 2014

Nokia lifts long-term profitability target

Nokia sold its struggling handset business in April to Microsoft in a 5.6 billion euros ($7 billion) deal that transformed it into an almost pure play network equipment maker.

24 Jul 2014

Nokia raises networks outlook after Q2 profit beats estimates

Nokia sold its once-dominant phone business to Microsoft in April. After the deal, almost 90 percent of Nokia`s sales come from its network unit.

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