ESPOO, Finland (AP) — ESPOO, Finland (AP) — Nokia Corp. (NOK) on Thursday reported first-quarter earnings of $100.6 million.
On a per-share basis, the Espoo, Finland-based company said it had net income of 2 cents. Earnings, adjusted for non-recurring costs, were 6 cents per share.
The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 6 cents per share.
The technology company posted revenue of $5.26 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $5.4 billion.
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