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Nokia’s Profit Beats Estimates as Data Centers Boost Growth

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Nokia’s Profit Beats Estimates as Data Centers Boost Growth Nokia’s second-quarter profit strongly beat analysts’ forecasts, as the Finnish mobile network equipment maker’s push to supply gear to data centers propelled sales. Nokia Oyj’s second-quarter profit strongly beat analysts’ forecasts, as the Finnish mobile network equipment maker’s push to supply gear to data centers propelled sales. Adjusted operating income rose to €434 million ($496 million) in the period, the Espoo-based company...

Nokia’s Profit Beats Estimates as Data Centers Boost Growth Nokia’s second-quarter profit strongly beat analysts’ forecasts, as the Finnish mobile network equipment maker’s push to supply gear to data centers propelled sales. Nokia Oyj’s second-quarter profit strongly beat analysts’ forecasts, as the Finnish mobile network equipment maker’s push to supply gear to data centers propelled sales. Adjusted operating income rose to €434 million ($496 million) in the period, the Espoo-based company said in a statement on Thursday. That compares with an average analyst estimate of about €372.3 million, according to data compiled by Bloomberg.
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