Nokia Oyj Sponsored ADR Stock News

Shares of Nokia (NYSE: NOK) are tumbling on Thursday. The company's stock lost 8.8% as of 3:20 p.m.

Nokia's Q1 results missed expectations, causing a 9%-10% drop in shares, but the year-long uptrend remains intact, and NOK stock offers a solid dividend yield. CEO Justin Hotard focused on capital allocation for efficiency and growth, emphasizing opportunities in hyperscale and AI data centers despite longer revenue cycles. Nokia's partnership with T-Mobile and the Infinera acquisition present ...

Nokia Oyj (NYSE:NOK ) Q1 2025 Earnings Conference Call April 24, 2025 4:30 AM ET Company Participants David Mulholland - Head of Investor Relations Justin Hotard - President and Chief Executive Officer Marco Wiren - Chief Financial Officer Conference Call Participants Alexander Duval - Goldman Sachs Daniel Djurberg - Handelsbanken Richard Kramer - Arete Research Ulrich Rathe - Bernstein Simon L...

Finnish telecom firm Nokia reported a disappointing first quarter, and sees tariffs hurting second-quarter operating earnings by up to 30 million euros.

Finnish telecommunications equipment maker Nokia faced a challenging start to the year, reporting first-quarter profits on Thursday that fell significantly short of market expectations. Compounding the weaker-than-anticipated results, the company explicitly warned of near-term disruptions stemming from US tariff policies, projecting a tangible impact on its upcoming second-quarter earnings.

Nokia said it expects to take an earnings hit in the second quarter from trade tariffs and that hitting the high end of its guidance range for the year now looks more challenging.

Nokia reported first-quarter profit well below market expectations on Thursday, and flagged a short-term disruption from U.S. tariffs with an estimated impact of between 20 million and 30 million euros to its second-quarter profit.

Nokia CorporationStock Exchange Release 23 April 2025 at 16:00 EEST Nokia cancels repurchased shares  Nokia Corporation has today cancelled 150 000 000 Nokia shares held by the company in line with the decision by the Board of Directors. The shares were repurchased during the period between 25 November 2024 and 2 April 2025 under the share buyback program announced in November 2024.