Nokia s (NYSE:NOK) stock recently rallied after the Finnish telecom equipment maker s first-quarter numbers beat analysts expectations. Its revenue rose 3% year over year to 5.08 billion euros ($6.1 billion), beating estimates by 360 million euros. Its revenue also grew 9% in constant-currency terms.
Its gross and operating margins expanded, its comparable net profit jumped from 33 million euros to 375 million euros ($451 million), and its adjusted EPS of 0.07 euros cleared estimates by 0.06 euros.
Do those growth rates indicate that Nokia, which fumbled its 5G expansion over the past few years, is finally turning a corner?
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After selling its struggling mobile phone unit to
Nokia announces new training and certifications to bring 5G to life – CIE cieonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cieonline.co.uk Daily Mail and Mail on Sunday newspapers.
Press Release Nokia announces new training and certifications to bring 5G to life Certifications highlight the potential of 5G to revolutionize industries from manufacturing to transportation,