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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News
- Nokia completes its sale of leading submarine networks business, ASN (Alcatel Submarine Networks), to the French State [Yahoo! Finance]Yahoo! Finance
- Nokia CEO on Why He Wants to Put 5G in Soldiers' Backpacks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nokia CEO on Why He Wants to Put 5G in Soldiers' Backpacks [Yahoo! Finance]Yahoo! Finance
- Nokia Board of Directors resolved on issuing shares without consideration to the company and a subsequent directed issuance related to the planned completion of the Infinera Corporation acquisition [Yahoo! Finance]Yahoo! Finance
- Infinera Co. (NASDAQ: INFN) was downgraded by analysts at B. Riley from a "strong-buy" rating to a "hold" rating.MarketBeat
INFN
Earnings
- 5/14/24 - Miss
INFN
Sec Filings
- 12/6/24 - Form 4
- 12/6/24 - Form 4
- 12/6/24 - Form 4
- INFN's page on the SEC website