Nokia reports €5.15B revenue, maintains FY26 profit guidance
Summary
Nokia reported strong financial results for the latest quarter, with revenue reaching €5.15 billion, marking a 9.7% year-over-year increase, and comparable earnings per share of €0.09, exceeding expectations of approximately €0.06. The company also saw significant growth in its AI and Cloud revenue, which surged by 123% to €631 million, reflecting the broader trend among telecom infrastructure providers who are enhancing their AI and cloud capabilities as part of digital transformation initiatives. Moreover, Nokia maintained its guidance for a comparable operating profit between €2.1 billion and €2.6 billion for the full year.
Tokens
$NOK
Analysis
Nokia: Nokia is a global telecommunications and technology company specializing in network infrastructure, mobile networks, and related solutions. The firm reported its quarterly results with notable strength in AI & Cloud revenue alongside overall top-line growth. It also maintained its full-year comparable operating profit guidance for 2026. tenetresearch.ai: tenetresearch.ai is a research and analytics platform that tracks earnings reports, analyst insights, and market trends. It published this detailed review of Nokia's financial performance and key segment breakdowns. AI Focus: Telecom infrastructure providers are expanding AI and cloud offerings as part of ongoing digital transformation efforts. Earnings Beat: Nokia surpassed analyst expectations on comparable EPS in its latest quarterly report.
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