Investing.com - Nokia (HE:NOKIA) ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia ADR announced earnings per share of €0.1062 on revenue of €6.27B. Analysts polled by Investing.com anticipated EPS of €0.0486 on revenue of €6.16B.
Nokia ADR shares are up 0.93% from the beginning of the year and are trading at €5.810 , down-from-52-week-high.They are under-performing the Nasdaq which is up 14.54% from the start of the year.
Nokia ADR follows other major Information Technology sector earnings this month
Nokia ADR's report follows an earnings beat by Apple on Tuesday, who reported EPS of €1.3 on revenue of €81.43B, compared to forecasts EPS of €1.01 on revenue of €73.26B.
Microsoft had beat expectations on Tuesday with fourth quarter EPS of €2.17 on revenue of €46.15B, compared to forecast for EPS of €1.91 on revenue of €44.06B.
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