ESPOO, Finland (AP) — ESPOO, Finland (AP) — Nokia Corp. (NOK) on Thursday reported a loss of $62.1 million in its first quarter.
The Espoo, Finland-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 3 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The technology company posted revenue of $4.62 billion in the period, meeting Street forecasts.
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