Thursday, February 6, 2020

Nokia Q4 Profit Surges, Backs FY20 View, Sees Margin Growth Ahead; Stock Up

Shares of Nokia Corp. were gaining around 3 percent in the trading in Finland after the company on Thursday reported that its fourth-quarter profit more than doubled from last year amid cost savings program, despite nearly flat sales. Looking ahead for fiscal 2020, the Finnish telecom, IT, and consumer electronics company said it continues to expect adjusted earnings per share...

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