Nokia NOKIA-0.78%decrease; red down pointing triangle tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was ...

SALES: Sales are expected to fall 5.6% to 4.7 billion euros in the quarter, according to FactSet. Nokia has previously said it thought the industry was stabilizing, and expects a significant ...

Nokia has reported a double-digit decline in sales and a fall in profit in the last three months of 2023, with the wireless and fixed-network equipment maker saying operators are cutting back on ...

Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was helping offset some of the weakness. The ...

Nokia attributed the loss to sluggish mobile device sales during the three-month period. Smart device net sales were $14.2 billion, down 27 percent year-over-year, while mobile phone net sales ...

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In addition to weaker-than-expected profits and lackluster smartphone sales, Chmielinski claimed that Nokia knowingly launched its higher-end Lumia 900 smartphone with a software glitch that ...

Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs. The announcement was made as the company reported a 20% drop in sales between July and September.

Nokia India sales zoomed by over four-fold to 853 million euros during the reported quarter from 200 million euros in the March 2022 quarter on account of fast pace deployment of the 5G network in ...