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Nokia, Q3
Nokia joins Ericsson in seeing signs of recovery after mixed results
By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit on cost cuts, and echoed rival Ericsson in seeing demand recovery in some areas.
Nokia shares fall as Q3 sales miss estimates
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
Nokia Reports 9% Increase in Q3 Operating Profit Amid Recovery in Demand
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
Nokia cuts 2,000 jobs in China, 350 in Europe
Exclusive-Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say
Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs across Europe as part of efforts to lower costs, according to two sources familiar with the matter.
Nokia Layoffs: What’s Behind 2,000 Job Cuts in China and 350 in Europe?
Nokia is laying off 2,000 employees in China and 350 in Europe as part of its cost-cutting strategy. Learn more about the reasons behind these layoffs and Nokia’s future plans in this exclusive update.
Nokia cuts 2,000 jobs in China, plans to cut another 350 in Europe - report
Finnish vendor Nokia has reportedly cut close to 2,000 jobs across its Greater China business, and plans to axe another 350 roles across Europe in an effort to lower costs. As reported by Reuters, the vendor has laid off around a fifth of its employee base across China.
TelecomTV
4h
Nokia suffers as capex rebound fails to materialise in Q3
Nokia has reported its third-quarter financial resultsThe vendor had anticipated an uptick in spending in some parts of its ...
devdiscourse
2h
Nokia Defies Challenges: Cost-Cutting Boosts Q3 Earnings Amid Sales Slump
Nokia reported a 22% increase in third-quarter net profit, despite suffering an 8% drop in sales primarily due to a weaker ...
5h
on MSN
Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market
Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back ...
17h
Nokia, Ericsson and Samsung set to win fresh 4G, 5G deals worth over $2 billion from Airtel
Airtel’s latest renewal came weeks after Vodafone Idea signed $3.6 billion equipment deals with all three equipment vendors ...
1d
Exclusive: Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say
Finland's Nokia is in talks with Bharti Airtel about securing a multi-billion dollar contract to provide 5G telecom equipment ...
6h
Nokia Q3: Earnings Miss, CEO Cites Telecom Weakness And Anticipates India Demand Rebound
Nokia reported a 7% decline in net sales and missed analyst estimates. Comparable EPS was lower, but net income increased.
7h
Nokia and Bharti Airtel in talks for multi-billion dollar 5G equipment deal: Details here
This possible collaboration between Nokia and Airtel highlights the competitive landscape in India's telecom sector, as ...
10h
Nokia joins Ericsson in seeing signs of recovery after mixed Q3 results
Finnish telecom equipment supplier Nokia on Thursday reported a 9 per cent rise in third-quarter operating profit on cost ...
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