It has been a good year for Nokia (NOK) investors, and it got better still last week. Shares were already up by a strong 55% on a year-to-date basis and trended higher after the company reported Q2 results. While the Finnish telecom giant had already made a positive pre-earnings announcement, when it said it expected 2021’s revenue to come in higher than previously anticipated, the market rewarded the company after it fleshed out the details. In Q2, Nokia generated revenue of €5.31 billion ($6.3 billion), up 4% year-over-year and 9% higher when currency fluctuations are taken into account. Analysts were expecting sales of €5.16 billion.
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Nokia (NYSE:NOK)
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Nokia (NYSE:NOK)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Nokia Charts.