Nokia (NOK) Tops Q3 EPS by 1c

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Nokia Corporation Financial Report for Q3 2022

October 20, 2022 1:00 AM EDT

Nokia Corporation Interim report20 October 2022 at 08:00 EEST

Nokia Corporation Financial Report for Q3 2022

Accelerating sales growth

Q3 net sales growth accelerated to 6% y-o-y in constant currency (+16% reported). By business group: Mobile Networks grew 12%, due to continued strong demand and supply constraints easing. Network Infrastructure continued its strong performance with 5% growth and robust demand. Cloud and Network Services declined 3% as... More