Recap: Nokia Q4 Earnings

Shares of Nokia NOK decreased 4.3% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were unchanged 0.00% year over year to $0.17, which beat the estimate of $0.13.

Revenue of $7,831,000,000 up by 1.29% year over year, which beat the estimate of $7,430,000,000.

See also: How to Buy Nokia (NOK) Stock

Guidance

Nokia hasn't issued any earnings guidance for the time being.

Nokia hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Feb 04, 2021

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/p3fqgmde

Recent Stock Performance

52-week high: $9.79

Company's 52-week low was at $2.34

Price action over last quarter: Up 33.53%

Company Overview

Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.