Why Nokia Fell After Posting Q3 2024 Earnings (Rating Downgrade) [Seeking Alpha]
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
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Investing Group Leader Follow Play 7min Summary Nokia's Q3 2024 results showed a revenue decline year-on-year, with net sales in Network Infrastructure falling, despite some segment growth. The company issued a negative net sales growth forecast for Network Infrastructure, expecting up to -6.0%, but highlighted potential growth in 5G Core and data centers. Nokia's shareholder returns include dividend that yields 3% and an accelerated EUR 600 million buyback program, aiming to offset dilution from the Infinera acquisition. Despite gross margin improvements and cost-cutting efforts, NOK stock trading range between $3.75 - $4.25 discussed. Looking for more investing ideas like this one? Get them exclusively at DIY Value Investing. Learn More » Sundry Photography In the past four months, Nokia Oyj NYSE: NOK gained around 13% , beating the S&P 500's ( SP500 ) return of 3.6%. NOK stock broke out below $4.00 after reporting second-quarter results For the third quarte
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INFN
News
- Infinera Co. (NASDAQ: INFN) was downgraded by analysts at B. Riley from a "strong-buy" rating to a "hold" rating.MarketBeat
- Infinera Co. (NASDAQ: INFN) had its "neutral" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $6.65 price target on the stock.MarketBeat
- Infinera Corporation Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- Infinera Co. (NASDAQ: INFN) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Infinera to get up to $93M in CHIPS Act funding [Seeking Alpha]Seeking Alpha
INFN
Earnings
- 5/14/24 - Miss
INFN
Sec Filings
- 11/13/24 - Form SCHEDULE
- 11/6/24 - Form SCHEDULE
- 11/5/24 - Form 10-Q
- INFN's page on the SEC website