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NOK - Nokia Earnings: 2024 May Still Not Be The Year Of Change But Looking Promising
Nokia Corporation Sponsored American Depositary Shares
2024-04-15 14:40:58 ET
Summary
Nokia's financial performance in 2023 has been declining, with decreasing revenues, efficiency and profitability.
The company's upcoming Q1 earnings are expected to show a sequential decline in revenue and EPS.
Despite recent smaller deals and partnerships, there's no clear turnaround in sight for Nokia, and the loss of the AT&T contract continues to weigh on the company's performance.