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Nokia third-quarter profit beats expectations - Reuters

By · Published by Everything Blog

In short

Nokia's third-quarter profit of €275 million exceeded expectations, driven by strong sales of smartphones and tablets and a 10% increase in revenue. The company also reported a 13% rise in 5G network orders, but warned of potential earnings impacts due to the semiconductor shortage.

Key points

  • Sales of smartphones and tablets drove revenue growth.: Sales of smartphones and tablets drove revenue growth.
  • The company's warning about future earnings due to the semiconductor shortage.: The company's warning about future earnings due to the semiconductor shortage.

Nokia third-quarter profit beats expectations    Reuters

Original source: news.google.com

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