Nokia reported Q1 revenues of €5,629m, down 1% yoy at comparable currency and 0.7% on reported figures: - Under the new reporting structure, the Ultra Broadband Networks segment went down by 8.1% yoy (€2,165m), with both Mobile Networks (€1,619m, -6.3%) and Fixed Networks (€546m, -13.2%) substantially down. - The newly created Global Services business (consisting of the services share of the Ultra Broadband Networks business) came in flat at €1,445m (+0.3%). - IP Netw
27 Jul 2017
Networks positive despite the downgrade, licensing inflating the bottom-line
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Networks positive despite the downgrade, licensing inflating the bottom-line
Nokia Oyj (NOKI:WBO) | 0 0 1.8% | Mkt Cap: 27,194m
- Published:
27 Jul 2017 -
Author:
Charles Bordes -
Pages:
3
Nokia reported Q1 revenues of €5,629m, down 1% yoy at comparable currency and 0.7% on reported figures: - Under the new reporting structure, the Ultra Broadband Networks segment went down by 8.1% yoy (€2,165m), with both Mobile Networks (€1,619m, -6.3%) and Fixed Networks (€546m, -13.2%) substantially down. - The newly created Global Services business (consisting of the services share of the Ultra Broadband Networks business) came in flat at €1,445m (+0.3%). - IP Netw