Investing.com - Nokia Oyj (HE:NOKIA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia (NYSE:NOK) Oyj announced earnings per share of €0.14 on revenue of €6.57B. Analysts polled by Investing.com anticipated EPS of €0.1126 on revenue of €6.44B.
Nokia Oyj shares are up 2% from the beginning of the year, still down 24.71% from its 52 week high of €4.95 set on January 28. They are broadly in line with the STOXX 600 which is up 2.09% from the start of the year.
Nokia Oyj shares lost 1.58% in intra-day trade following the report.
Nokia Oyj follows other major Technology sector earnings this month
Nokia Oyj's report follows an earnings missed by Admicom on January 15, who reported EPS of €0.38 on revenue of €5.6M, compared to forecasts EPS of €0.4164 on revenue of €5.5M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar