Developing, 4 reports in 2 h
Verified
Nokia Q3 adjusted operating profit of 605 million euros beats estimate of 454 million
In short
Nokia reported third-quarter adjusted operating profit of 605 million euros, against an estimate of 454 million euros. Net sales were 5.15 billion euros, against an estimate of 5.06 billion euros. Yicai reported that adjusted operating profit rose 35% year on year.
Why it matters
The documents are brief results reports and give no further detail on causes or outlook. They show Nokia's third-quarter profit and sales above the estimates the outlets cite.
Key facts
- Nokia's third-quarter adjusted operating profit was 605 million euros. [ 1 , 2 , 3 ]
- The estimate for adjusted operating profit was 454 million euros. [ 1 , 2 ]
- Third-quarter net sales were 5.15 billion euros, against an estimate of 5.06 billion euros. [ 1 , 2 ]
- Yicai reported that adjusted operating profit rose 35% year on year. [ 3 ]
Confirmed by several sources
Still unclear
- What drove the profit increase and what Nokia expects ahead. The documents are short summaries and give no causes or outlook.
- The 35% year-on-year profit growth. Only Yicai gives this figure.