Telecom equipment maker Nokia reported a stronger-than-expected second-quarter operating profit on Thursday and raised its full-year outlook as promised, thanks to a turnaround of its business.
FILE PHOTO: The logo of Nokia is seen at the Nokia Paris-Saclay campus in Nozay, near Paris, France, June 30, 2020. REUTERS/Benoit TessierHELSINKI: Telecom equipment maker Nokia reported a stronger-than-expected second-quarter operating profit on Thursday and raised its full-year outlook as promised, thanks to a turnaround of its business.
The Finnish company's April-June comparable operating profit rose to 682 million euros from 423 million euros a year earlier, beating the 408-million euro mean estimate in a Refinitiv poll of analysts.
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