Investing.com - Nokia Oyj (HE:NOKIA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia Oyj announced earnings per share of €0.14 on revenue of €6.57B. Analysts polled by Investing.com anticipated EPS of €0.1126 on revenue of €6.44B.
Nokia Oyj shares are up 2% from the beginning of the year and are trading at €3.727 , 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 Oyj shares lost 1.58% in intra-day trade the report.
Nokia Oyj follows other major Technology sector earnings this month
Nokia Oyj's report follows an earnings missed by Admicom on January 15, who reported EPS of €0.38 on revenue of €5.6M, compared to forecasts EPS of €0.4164 on revenue of €5.5M.
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