Nokia Reports Q3 Earnings Beat with €5.15B Revenue and Improved EPS
Nokia Oyj reported third-quarter financial results that exceeded market expectations, posting a Non-GAAP earnings per share (EPS) of €0.09, which surpassed estimates by €0.03. The company's revenue reached €5.15 billion, representing a 9.6% increase year-over-year and beating analyst projections by €90 million. Growth was driven significantly by the Network Infrastructure segment, which saw net sales rise by 15% year-over-year. On a constant currency basis, total net sales grew by 9%, while reported growth reached 10%, signaling resilient demand across its core business units despite broader macroeconomic fluctuations.
Tickers: $NOK
Topics: earnings beat net sales network infrastructure revenue growth