Nokia ADR earnings, Revenue beat in Q1

  • Investing.com
Nokia ADR earnings, Revenue beat in Q1

Investing.com - Nokia (HE: NOKIA ) ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Nokia ADR announced earnings per share of €0.0846 on revenue of €6.14B. Analysts polled by Investing.com anticipated EPS of €0.0144 on revenue of €5.65B.

Nokia ADR shares are up 27% from the beginning of the year and are trading at €4.20 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.37% year to date.

Nokia ADR follows other major Technology sector earnings this month

Nokia ADR's report follows an earnings beat by Apple on Wednesday, who reported EPS of €1.4 on revenue of €89.58B, compared to forecasts EPS of €0.983 on revenue of €76.71B.

Microsoft had beat expectations on Tuesday with third quarter EPS of €1.95 on revenue of €41.71B, compared to forecast for EPS of €1.78 on revenue of €41.04B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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