Investing.com - Nokia Oyj (HE:NOKIA) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia Oyj announced earnings per share of €0.09 on revenue of €5.31B. Analysts polled by Investing.com anticipated EPS of €0.0406 on revenue of €5.14B.
Nokia Oyj shares are up 19% from the beginning of the year and are trading at €5.244 , down-from-52-week-high.They are under-performing the AEX which is up 21% from the start of the year.
Nokia Oyj shares gained 6.04% in intra-day trade the report.
Nokia Oyj follows other major Information Technology sector earnings this month
Nokia Oyj's report follows an earnings beat by TietoEVRY on Tuesday, July 20, 2021, who reported EPS of €0.63 on revenue of €721.85M, compared to forecasts EPS of €0.6151 on revenue of €721.84M.
F-Secure Oyj had missed expectations on Thursday, July 15, 2021 with second quarter EPS of €0.02 on revenue of €58.1M, compared to forecast for EPS of €0.026 on revenue of €57.66M.
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