Nokia (NOK) Tops Q1 EPS by 1c; reaffirms FY24 outlook

Nokia (NYSE: NOK) reported Q1 EPS of EUR0.09, EUR0.01 better than the analyst estimate of EUR0.08. Revenue for the quarter came in at EUR4.67 billion versus the consensus estimate of EUR5.41 billion.

OUTLOOK

Issues Comparable operating profit of EUR 2.3 billion to EUR 2.9 billion

Free cash flow of 30% to 60% conversion from comparable operating profit

For earnings history and earnings-related data on Nokia (NOK) click here.

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