Investing.com - Nokia (HE:NOKIA) ADR reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia ADR announced earnings per share of €0.07 on revenue of €6.01B. Analysts polled by Investing.com anticipated EPS of €0.03 on revenue of €5.81B.
Nokia ADR shares are up 19.95% from the beginning of the year and are trading at €4.45 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Nokia ADR follows other major Technology sector earnings this month
Nokia ADR's report follows an earnings beat by Apple on Thursday, who reported EPS of €2.58 on revenue of €59.69B, compared to forecasts EPS of €2.02 on revenue of €51.77B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of €1.46 on revenue of €38.03B, compared to forecast for EPS of €1.34 on revenue of €36.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar