NOK Q3 Earnings Match Estimates, Guidance Cut Amid Soft Sales Recovery

Nokia Corporation (NOK) reported mixed third-quarter 2024 results, with the top line missing the Zacks Consensus Estimate but the bottom line matching the same. The company reported a top-line contraction year over year, primarily due to weakness in the Mobile Networks segment and disinvestment in Cloud and Network Services. Despite strong order intake in the Network Infrastructure segment, slow sales revival remains a concern. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Manage ...