Wireless and fixed-network equipment maker Nokia on Thursday reported better-than-expected third quarter earnings, mainly on the back of cost-cutting measures, but saw its sales dive 8% largely due to a weaker India market.

Nokia has identified the data centers as a significant growth market, and its CEO remained bullish about the future despite overall net sales dropping eight percent during the third quarter of this year.

Nokia has reported that Q3 net sales declined 8 per cent YoY to €4.33 billion as growth in Network Infrastructure and Nokia Technologies was offset by decline

Nokia's stock took a hit today, dropping nearly 7% after releasing its Q3 2024 earnings. The company's net sales fell by 7% year-over-year in constant currency, primarily driven b

Both European network suppliers recently signed huge contracts totalling over Rs 28,000 crore to supply network equipment to Vi.

STOCKHOLM (Reuters) -Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit, and echoed rival Ericsson in seeing demand recovery in some areas. "I am optimistic we are now turning the corner in many parts of our business,

Nokia (HE:NOKIA) shares dropped after the company reported third-quarter 2024 earnings that missed analysts' sales expectations by 9%. At 3:56 am (0756 GMT), Nokia was trading 4.4% lower at €3.868. The telecom giant's sales fell

Nokias Financial Performance Overview Finnish telecom equipment supplier Nokia announced a 9% rise in operating profit for the third quarter, signaling a positive shift in demand in several sectors. This follows

Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit, and said many parts of its business are now turning the corner although some continue to experience market weakness.