Nokia Q1 Profit Rises, Comparable Results Down, Confirms View; Stock Dips

Finnish critical networks and communications company Nokia Corp. reported Thursday higher profit and net revenues in its first quarter with improved performance in most of its segments. Comparable earnings and margin, meanwhile, declined from last year. Further, the firm maintained its fiscal 2023 and long term targets. Nokia shares were losing around 5 percent in the morning trading in Finland.

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