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Stock impact report

Will Top-Line Decline Affect Nokia's Q1 Earnings Results? [Yahoo! Finance]

Nokia Corporation Sponsored American Depositary Shares (NOK) 
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am Check Earnings Report
US:NYSE Investor Relations: nokia.com/en_int/investors
Company Research Source: Yahoo! Finance
The Finland-based telecom equipment provider is expected to witness revenue contraction year over year owing to fierce competition, macroeconomic challenges and inventory corrections. However, efforts to bolster the position in the 5G ecosystem with a strong emphasis on innovation and portfolio expansion are positive. Licensing deals with major e-commerce giants and mobile manufacturers are a tailwind. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) In the first quarter, Nokia completed the divestiture of its submarine networks business, Alcatel Submarine Networks, to the French State. This non-core asset sale aligns with the company's ongoing strategy to enhance its financial position by focusing on its core Network Infrastructure business, with its future built on three market-leading units: Fixed Networks, IP Networks and Optical Networks. These developments are likely to have had a favorable effect on the company's first-quarter performance. London I Show less Read more
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