Nokia Corp (NYSE:NOK) reported a fiscal first-quarter 2024 net sales decline of 20% year-on-year (19% in constant currency) to €4.67 billion ($5.07 billion), missing the consensus of $5.10 billion. Comparable EPS was $0.10 (€0.09) versus the consensus of $0.06. The reported net profit is €438 million, up from €289 million a year ago. Comparable net profit was €501 million, up from €342 million a year earlier. Network Infrastructure sales declined by 26% year over year in CC due to the weak deman
Citigroup Inc (NYSE:C) reported a fourth-quarter FY23 revenue decline of 3% year-over-year to $17.44 billion, missing the consensus of $18.74 billion. Adjusted EPS of $0.84 beat the consensus of $0.81. GAAP EPS loss was $(1.16), excluding the divestiture-related impacts. Net credit losses for the fourth quarter were $1.99 billion, up 69% year-over-year. Services revenue grew 6% Y/Y to $4.5 billion, mainly driven by higher net interest income across Treasury and Trade Solutions (TTS) and Security
Learn how to avoid a revenue dip after implementing a new EHR system and how to prepare for upcoming EHR changes with advice from revenue cycle and IT expert Cy