#Nokia Q3 ’16: As expected, but warns of tough network market in 2017

Nokia announced today its financial results for the third quarter of 2016. Nokia posted non-IFRS (results excluding the Alcatel-Lucent integration) profit of €556 million, with a €5.95 billion revenue. The results are as expected with EPS (Earnings per share) of $0.04. When we include the Alcatel-Lucent integration in the results, Nokia posted a loss of €133 million, but that is significantly … Continue reading #Nokia Q3 ’16: As expected, but warns of tough network market in 2017