- Associated Press•1 hour ago
HELSINKI (AP) — Nokia says it made a net loss in the third quarter and saw a 12-percent drop in sales amid a downturn in the networks industry, as the company reported combined results after the acquisition of Alcatel-Lucent.
- Reuters•1 hour ago
Nokia (NOKIA.HE) on Thursday reported falling quarterly sales and profits for its network gear business, but outperformed rival Ericsson (ERICb.ST) in a weak market thanks to cost cuts after its recent acquisition of Alcatel-Lucent. Finland's Nokia said total third-quarter operating profit decreased 18 percent from a year ago to 556 million euros ($606 million), but was buoyed by a one-off patent licensing payment. Group sales dropped 7 percent from a year ago to 5.95 billion euros, including network equipment sales falling 12 percent to 5.32 billion, which compared with a market consensus of 5.39 billion.
Nokia Corporation (NOK)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||5.15 x 2500|
|Ask||5.20 x 10000|
|Day's Range||5.07 - 5.20|
|52wk Range||4.88 - 7.63|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||28.99|
|Avg Vol (3m)||11,486,703|
|Dividend & Yield||0.29 (5.83%)|