Investor's Business Daily

Nokia (NOK), the troubled smartphone maker, reported a Q3 net loss of 91 mil euros ($125 mil) vs. a loss of 969 mil euros a year ago. Sales fell more than 20% to $7.7 bil. Nokia said network operations profit grew 33% and was expected to have positive operating margin of up to 12% in Q4, with "solid net sales growth." Shares jumped 10.4% to 7.45.

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