Nokia Corporation Interim Report for Q3 2024
Nokia Corporation Sponsored American Depositary Shares (NOK)
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am
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Source: GlobeNewswire
Nokia CorporationInterim Report17 October 2024 at 08:00 EEST Nokia Corporation Interim Report for Q3 2024 Strong gross margin improvement amidst ongoing market weakness Q3 net sales declined 7% y-o-y in constant currency (-8% reported) as growth in Network Infrastructure and Nokia Technologies was offset by decline in Mobile Networks primarily in India and a divestment in Cloud and Network Services.Order intake remained strong in Network Infrastructure, while the sales recovery continues to be slower than expected.Comparable gross margin in Q3 increased by 490bps y-o-y to 45.7% (reported increased 500bps to 45.2%), with improvements across business groups, particularly in Mobile Networks.Q3 comparable operating margin increased 160bps y-o-y to 10.5% (reported up 70bps to 5.7%), mainly due to higher gross margin, continued cost control and a benefit from the reversal of loss allowances for certain trade receivables.Q3 comparable diluted EPS for the period of EUR 0.06; report
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News
- Why Nokia Stock Swooned on Thursday [Yahoo! Finance]Yahoo! Finance
- Nokia Oyj (NOK) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Nokia Corporation: Repurchase of own shares on 16.10.2024 [Yahoo! Finance]Yahoo! Finance
- Nokia MEA Mobile Broadband Index 2024: 5G driving rapid digital transformationGlobeNewswire
NOK
Earnings
- 10/17/24 - Miss
NOK
Analyst Actions
- 9/4/24 - Northland Securities
NOK
Sec Filings
- 10/17/24 - Form 6-K
- 10/1/24 - Form 6-K
- 8/30/24 - Form 6-K
- NOK's page on the SEC website