Nokia rose nearly 16% in premarket trading

Tiger Newspress2021-04-29

Nokia rose nearly 16% in premarket trading, and its net sales in the first quarter exceeded market expectations.

Nokia EPS beats by $0.06, beats on revenue

Nokia(NYSE:NOK): Q1 Non-GAAP EPS of €0.07beats by €0.06; GAAP EPS of €0.05.

Revenue of €5.08B (+3.5% Y/Y)beats by €360M.

Adjusted gross margin 38.2%, estimate 37.1%

Adjusted operating margin 10.9%, estimate 2.18%

2021 Outlook: Net Sales: 20.6B - 21.8B

Adjusted operating margin: 7 - 10%

FCF: Nokia expects the FCF performance of Nokia Technologies to be ~€600M lower than its operating profit, primarily due to prepayments we received from certain licensees.

2023 Outlook: Net Sales: Grow faster than the market.

Adjusted operating margin: 10 - 13%

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Comments

KHYAP
2021-04-29
KHYAP
Tell me your opinion about this news...
- KHYAP:
  ????
Tommy118
2021-04-29
Tommy118
Why?
Romell
2021-04-29
Romell
Woohooo
Henryee18
2021-04-29
Henryee18
WTH is happening man?
VincentYeo
2021-04-29
VincentYeo
KIAAAAAA!!!!
- Tradingbats:
  Yes kiA
HazonV
2021-04-29
HazonV
Wow

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kiA","text":"Yes kiA","html":"Yes kiA"}],"langContent":"EN"},{"id":109843520,"gmtCreate":1619685563560,"gmtModify":1704727986730,"author":{"id":"3578371868219067","authorId":"3578371868219067","authorIdStr":"3578371868219067","name":"HazonV","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578371868219067"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109843520","repostId":1160342426,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":19,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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