Nokia reported Q1 revenues of €5,388m, down 6% yoy at comparable currency and down 3.8% on reported figures. The Ultra Broadband Networks segment went down by 3.5% yoy (€3,597m), with a flattish Mobile Networks (€3,096m, -0.6%) and a strongly decreasing Fixed Networks (€501m, -18.3%). IP Networks and Applications came in at €1,304m, also down yoy (-10.2%), with all sub-segments being down by double-digit but Applications & Analytics (€359m, flat yoy. As a con
27 Apr 2017
Unexpected strong performance in Mobile Networks
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Unexpected strong performance in Mobile Networks
Nokia Oyj (NOKI:WBO) | 0 0 1.8% | Mkt Cap: 27,194m
- Published:
27 Apr 2017 -
Author:
Charles Bordes -
Pages:
3
Nokia reported Q1 revenues of €5,388m, down 6% yoy at comparable currency and down 3.8% on reported figures. The Ultra Broadband Networks segment went down by 3.5% yoy (€3,597m), with a flattish Mobile Networks (€3,096m, -0.6%) and a strongly decreasing Fixed Networks (€501m, -18.3%). IP Networks and Applications came in at €1,304m, also down yoy (-10.2%), with all sub-segments being down by double-digit but Applications & Analytics (€359m, flat yoy. As a con