Advertisement
Canada markets closed

  • S&P/TSX

    24,471.17
    +168.91 (+0.70%)
     

  • S&P 500

    5,815.03
    +34.98 (+0.61%)
     

  • DOW

    42,863.86
    +409.74 (+0.97%)
     

  • CAD/USD

    0.7266
    -0.0011 (-0.16%)
     

  • CRUDE OIL

    75.49
    -0.36 (-0.47%)
     

  • Bitcoin CAD

    86,501.61
    +392.16 (+0.46%)
     

  • XRP CAD

    0.74
    -0.00 (-0.25%)
     

  • GOLD FUTURES

    2,674.20
    +34.90 (+1.32%)
     

  • RUSSELL 2000

    2,234.41
    +45.99 (+2.10%)
     

  • 10-Yr Bond

    4.0730
    -0.0230 (-0.56%)
     

  • NASDAQ

    18,342.94
    +60.89 (+0.33%)
     

  • VOLATILITY

    20.46
    -0.47 (-2.25%)
     

  • FTSE

    8,253.65
    +15.92 (+0.19%)
     

  • NIKKEI 225

    39,605.80
    +224.91 (+0.57%)
     

  • CAD/EUR

    0.6642
    -0.0011 (-0.17%)
     

Nokia: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

ESPOO, Finland (AP) — ESPOO, Finland (AP) — Nokia Corp. (NOK) on Thursday reported a loss of $157.2 million in its second quarter.

On a per-share basis, the Espoo, Finland-based company said it had a loss of 3 cents. Earnings, adjusted for one-time gains and costs, were 6 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The technology company posted revenue of $4.81 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $5.12 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOK at https://www.zacks.com/ap/NOK