Investing.com - Nokia (HE:NOKIA) ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia ADR announced earnings per share of €0.1682 on revenue of €7.89B. Analysts polled by Investing.com anticipated EPS of €0.1335 on revenue of €7.72B.
Nokia ADR shares are up 2% from the beginning of the year and are trading at €4.70 , down-from-52-week-high.They are broadly in line with the STOXX 600 which is up 2.09% 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 January 27, who reported EPS of €1.68 on revenue of €111.44B, compared to forecasts EPS of €1.42 on revenue of €103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of €2.03 on revenue of €43.08B, compared to forecast for EPS of €1.64 on revenue of €40.22B.
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