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Nokia Reports Higher Q3 Profit, Net Sales

MT Newswires·10/22/2026 01:38:04
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01:38 AM EDT, 10/22/2026 (MT Newswires) -- Nokia (NOKIA.HE) logged 152 million euros in profit attributable to equity holders of the parent for the third quarter, compared with 78 million euros a year ago. EPS from continuing operations moved to 0.03 euro from 0.01 euro year over year, a Thursday filing showed. For the three months ended Sept. 30, net sales were 5.15 billion euros compared to the previous 4.70 billion euros, the Finnish telecommunications group said. Analysts polled by FactSet were expecting 5.06 billion euros in sales, 342.4 million euros in net income, and 0.10 euro in EPS. The company affirmed its full-year 2026 outlook, with comparable operating profit at 2.1 billion euros to 2.6 billion euros. Nokia also expects a 20% to 24% quarter-on-quarter increase in net sales in the fourth quarter.