Nokia's fourth-quarter revenue beat expectations amid revamp from new CEO
Nokia said its October-December revenue fell 5% to 6.57 billion euros, beating a consensus figure of 6.42 billion, Refinitiv Eikon data showed
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HELSINKI (Reuters) - Finnish telecom network equipment maker Nokia on Thursday reported better-than-expected fourth-quarter revenue amid a strategy revamp from new CEO Pekka Lundmark.
Nokia said its October-December revenue fell 5% to 6.57 billion euros, beating a consensus figure of 6.42 billion, Refinitiv Eikon data showed.
(Reporting by Tarmo Virki in Helsinki and Supantha Mukherjee in Stockholm; Editing by Tom Hogue)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Topics : Nokia Q4 Results Nokia smartphones
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First Published: Feb 04 2021 | 12:05 PM IST