In sum – what to know
Weak quarter, bright spots – Nokia missed Q1 expectations with a 36% shortfall in operating profit, driven by a one-off €120m charge in Mobile Networks, despite strong growth in enterprise and regional US sales.
Enterprise and Infinera gains – enterprise...
Nokia saw its (“comparable”) operating profit slide by 32 percent in the second quarter of 2024, finishing at €423 million, versus €619 million a year ago. Sales fell alongside, down 18 percent at €4.466 billion in the quarter, from €5.438 billion. It put the...
