ESPOO, Finland (AP) — ESPOO, Finland (AP) — Nokia Corp. (NOK) on Thursday reported third-quarter net income of $185.7 million.
On a per-share basis, the Espoo, Finland-based company said it had net income of 3 cents. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.
The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 7 cents per share.
The technology company posted revenue of $4.75 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $5.1 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOK at https://www.zacks.com/ap/NOK
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
