Nokia Q2 Profit Climbs; Lifts FY Outlook
ESPOO (dpa-AFX) - Nokia Corp. (NOK) reported that its second-quarter profit for the second-quarter climbed to 351 million euros or 0.06 euros per share from 99 million euros or 0.02 euros per share last year, reflecting broad improvements, particularly in Mobile Networks, which benefitted from a one-time software deal and 5G growth.
Comparable earnings per share grew to 0.09 euros from 0.06 euros in the previous year.
Net sales for the second-quarter rose to 5.31 billion euros from 5.09 billion euros last year.
Constant currency net sales were up 9% year-on-year, driven by growth across all business groups, with particular strength in Network Infrastructure.
Nokia lifts full-year outlook as turnaround takes root
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Nokia fixes its sights on further growth after strong Q2
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