Nokia (NOK) Misses Earnings and income Estimates in Q1

according to Nokia (NYSE:NOK)Q1 2018 Earnings Conference CallApril 26, 2018 8:00 a.m. ETContents:Prepared RemarksQuestions and AnswersCall ParticipantsPrepared Remarks:OperatorHello and welcome to the Nokia phone first-quarter 2018 earnings results conference call. Latin US delivered an excellent performance across all networks business groups and particularly in mobile networks. But our year-on-year order development in Nokia phone Programming was the better of any of our networks business groups, nearly in the mid-double digits. But within that, considering the report today, has the shift of earnings tilted further toward Nokia phone technologies and away from Nokia phone networks?

Nokia (NOK) Misses Earnings and income Estimates in Q1

Nokia Corporation 's Nokia corporation first-quarter 2018 earnings (non-IFRS) per share of €0.02 or two cents missed the Zacks Consensus Estimate of three cents. Adjusted operating margin reliefed 150 Fundamental points (bps) to 4.8% on a year-over-year basis. Segmental gross margin declined 370 bps to 35.8% while operating margin reliefed 560 bps to 1% in the announced quarter. Segmental gross margin got best 260 bps to 97.3% while operating margin expanded safely to 75.1% from 47%. You could seeSITO Mobile has long-term earnings development expectations of 25%.Cogent Communications has long-term earnings development expectations of 10%.United States Cellular Corporation has long-term earnings development expectations of 1%.

Nokia Corporation 2018 Q1 - Results - Earnings dial Slides

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collected by :Roy Mark