- The Wall Street Journal•33 minutes ago
Nokia shares plunged after the company reported a quarterly net loss for the third time in a row amid sluggish mobile-network sales and charges related to its recent acquisition of French rival Alcatel-Lucent....
- Reuters•42 minutes ago
Nokia (NOKIA.HE) has succumbed to a downturn in the telecoms equipment business, posting a sharp drop in quarterly earnings and warning that demand for the kit which drives global network traffic would shrink further in the coming year. The network gear market is in decline after demand for 4G equipment peaked last year and a new cycle of 5G network upgrades is not expected to begin until around 2020, a trend which earlier this month pummeled rival Ericsson (ERICb.ST). "Although their underlying profitability is solid, it does not compensate for reported figures being weak... It's a bit better than Ericsson's, but it is not a good report," said Swedbank analyst Mathias Lundberg, who rates the stock "neutral".
- Associated Press•1 hour ago
The Espoo, Finland-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 5 cents per share. The results met ...
Nokia Corporation (NOK)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||4.78 x 1600|
|Ask||4.79 x 120100|
|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%)|