Investing.com - Nokia (HE:NOKIA) ADR reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia ADR announced earnings per share of €0.100 on revenue of €6.240. Analysts polled by Investing.com anticipated EPS of €0.090 on revenue of €6.1B.
Nokia ADR shares are down 26.69% from the beginning of the year and are trading at €4.560 , down-from-52-week-high.
Nokia ADR follows other major Information Technology sector earnings this month
Nokia ADR's report follows an earnings beat by Taiwan Semiconductor on Thursday, October 13, 2022, who reported EPS of €1.79 on revenue of €20.23B, compared to forecasts EPS of €1.65 on revenue of €19.44B.
ASML ADR had beat expectations on Wednesday with third quarter EPS of €4.29 on revenue of €5.78B, compared to forecast for EPS of €3.96 on revenue of €5.68B.
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