Will Higher Revenues Augment Nokia s (NOK) Q2 Earnings? nasdaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nasdaq.com Daily Mail and Mail on Sunday newspapers.
Will Top-Line Expansion Buoy Nokia s (NOK) Q1 Earnings? Zacks.com 2 hrs ago
Nokia Corporation NOK is scheduled to report first-quarter 2021 results, before the opening bell, on Apr 29. In the last reported quarter, adjusted earnings surpassed the Zacks Consensus Estimate by 5 cents. In the first quarter, the company is likely to have recorded higher revenues year over year, driven by solid traction of 5G radio access products across the globe despite certain COVID-19 adversities.
The Finnish entity’s margins might have jumped on product cost reduction and increased ReefShark shipments. Nokia is committed to strengthening business roadmaps with accretive technological collaborations and delivering long-term financial performance on the back of sustainable cash generation. Higher investments in 5G R&D, fueled by healthy demand for 5G telecommunications equipment for higher deployments, might have acted as tailwinds.
Will Top-Line Contraction Dent Nokia (NOK) Q4 Earnings? Zacks.com 2/2/2021
Nokia Corporation NOK is scheduled to report fourth-quarter 2020 results, before the opening bell, on Feb 4. In the last reported quarter, adjusted earnings missed the Zacks Consensus Estimate by a penny. In the fourth quarter, the company is likely to have recorded lower revenues year over year despite healthy demand for 5G telecommunications equipment for higher 5G deployments across the globe due to COVID-19 adversities.
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During the quarter, Nokia reached the milestone of more than 100 5G contracts with communications service providers, marking an important achievement in the highly competitive market. The Finland-based telecom equipment provider has an aggregate of 160 5G engagements with operators, from deals to paid trials. It currently has 34 live 5G networks, both public and private. The company has launched 4G and 5G network slicing solutions to enable operators