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Nokia 3Q Profit Beat Forecasts But Margins Pressured -- Earnings Review

Por: MarketWatch Business October 20, 2022

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SALES: Sales rose 16% to EUR6.24 billion against a FactSet forecast of EUR6.05 billion. WHAT WE WATCHED: --NETWORKS: Mobile networks sales grew 23% on the year as the third quarter started to see some improvements in the supply chain with sales benefiting from some catch-up, while customer demand remained strong, Nokia said. With our improved portfolio competitiveness, strong order backlog, and continued investments in supply chain resilience,... + full article



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