Over the opening nine months of 2019, Nokia reduced its net loss by 28 per cent to €545 million, with sales up 5 per cent to €16.4 billion. Previous Article Samsung readies next-generation 5G modem. Nokia Corporation 2019 Q3 - Results - Earnings Call Presentation Oct. 24, 2019 • 15 Comments Nokia Corporation (NOK) CEO Rajeev Suri on Q2 2019 Results - Earnings Call Transcript According to Nokia’s earnings report, It turns out Nokia’s net sales for the third quarter were 5.7 billion euros. ET. Networks sales contributed 93% of total revenue in 2018. The carrier’s operating revenue for the quarter was $6.31 billion, a … The vendor also maintained its profit guidance for 2019 and 2020. 2019 and 2020 are shaping up to be much better. The firm earned $6.19 billion during the quarter, compared to analyst estimates of $6.41 billion. Nokia said in its earnings report that sales increased 5% during the first nine months of the year to €16.4 billion ($18.25 billion), but it failed to produce a profit for the period. *The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Though we are talking about EBIT or earnings… View NOKIA.FI financial statements in full. The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. Nokia’s adjusted earnings per share for 2019 are now forecast at 0.18 euros to 0.24 euros, ... analysts on average forecast the company would post adjusted earnings per share of 0.23 euros in 2019. Tagged Nokia Q4 2019 results Q4 2019 In Q4 2019 Nokia smartphone shipment crashed to 2.8 mi, declined YoY too. Revenue of Nokia by business segment 2016-2019 Net sales from Nokia's networks business segment 2018-2019, by product Nokia Networks research and development expenditure 2012-2019 Nokia last issued its quarterly earnings data on October 29th, 2020. Nokia's 2019 line up is a showcase of clean Nordic simplicity. View as PDF A strong 5G. EPS for the financial year 2019 came at 24 cents and operating profit at $2.2 billion. ... 2019 5-year trend; Net Income Growth-Sales or Revenue: Nokia earnings for the second quarter of 2019 also have revenue coming in at $6.34 billion. Nokia (NOK) reports earnings on 2/4/2021. Earnings Nokia (NYSE:NOK) Earnings Information. Today, Nokia announced its financial achievements in the third quarter of 2019. Revenue from the Technologies unit grew 2 per cent to €358 million. Nokia has had a mixed 2018. Nokia hailed a stronger performance in the second quarter of 2019 that was partly fueled by revenue from 5G equipment sales. Ten years of annual and quarterly financial statements and annual report data for Nokia (NOK). Nokia had 36 commercial 5G wins as of April 2019 and it’s likely that this will be the biggest driver of the company’s results over 2019. Full Year 2019 : Metric Non-IFRS diluted earnings per share : EUR 0.21 plus or minus 3 cents (updated from EUR 0.25 - 0.29), which mathematically implies a Q4 2019 … Subscribe to our daily newsletter Back. Full-year 2019 revenue shares relative to 2018 revenue shares for the top five suppliers – the latter indicated here in parenthesis – show that Huawei, Nokia, Ericsson, ZTE, and Cisco comprised 28% (28%), 16% (17%), 14% (14%), 10% (8%), 7% (8%), respectively.. Additional key takeaways from the 4Q 2019 reporting period include: Why It Matters The upbeat earnings came as a surprise as Nokia downgraded its outlook for the quarter in October. Shares are up 16.0% since reporting last quarter. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. View the latest NOK financial statements, income statements and financial ratios. EPS of $0.16 beats by $0.03 | Revenue of $7.58B (-3.64% Y/Y) beats by $38.06M The following slide deck was published by Nokia Corporation in conjunction with their 2019 Q4 earnings call. Earnings aren't the really thing holding back Nokia stock By Luke Lango , InvestorPlace Senior Investment Analyst Jul 22, 2019, 8:10 am EST July 22, 2019 Bell announced a 12.6 percent net earnings increase totalling to $723 million in Q4 2019 or 74 cents per share. Nokia Corporation (natively Nokia Oyj, referred to as Nokia; Finnish: , UK: / ˈ n ɒ k i ə /, US: / ˈ n oʊ k i ə /) is a Finnish multinational telecommunications, information technology, and consumer electronics company, founded in 1865. Nokia’s R&D spending as % revenue has grown from 16% in 2014 to 20.5% in 2018. While the Q4 2019 was not a good quarter for HMD, the home of Nokia phones, it was the quarter when HMD turned its earnings positive for the first time. But Wall Street was spooked by Nokia’s revised outlooks for the fourth quarter and 2020. For 2020, Nokia expects non-IFRS earnings per share of €0.25 ... 2019 to Dec 31, 2019) €1 = $1.121473 (as of Dec 31, 2019) More Stock News: This Is Bigger than the iPhone! While revenues declined modestly over the first nine months of the year, the company has been benefiting from traction in its … The company still expects adjusted operating margin of 9% to 12% for the full year 2019. The technology company reported $0.06 earnings per share for the quarter, hitting analysts' consensus estimates of $0.06. The company reported its Q3 2019 earnings last week and lowered its guidance for full year 2019 and 2020. Nokia has the opportunity to corner the mid-range segment, where it does not necessarily need to play the specs game. Although the stock performed well, 2018 wasn't a great year for Nokia, with revenue down and adjusted earnings per share slumping about 30%. Nokia has 50 commercial 5G wins as of November 2019 and it’s likely that this will be the biggest growth driver. Nokia Corp. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Nokia's headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area. Nokia maintained its forecasts of full-year earnings per share at 0.25-0.29 euros, and 2020 EPS of 0.37-0.42 euros. Nokia Corp. ADR Annual stock financials by MarketWatch. Nokia has posted earnings for Q4 2019 and the full-year 2019 today. Ericsson’s spending has expanded from around 16% to 18.5% in the same period. Nokia Corporation Q3 2019 Earnings Call Oct 24, 2019, 8:00 a.m. Income statements, balance sheets, cash flow statements and key ratios. This is an increase over the company’s revenue of $5.92 billion reported during the same time last year. 723 million in Q4 2019 or nokia revenue 2019 cents per share at 0.25-0.29 euros, and EPS... Second quarter of 2019 that was partly fueled by revenue from 5G equipment sales 5G sales., and 2020 ( NYSE: NOK ) earnings Information to 20.5 % in 2018 billion the... Data for nokia ( NOK ) earnings Information surprise as nokia downgraded its outlook for stock. In the greater Helsinki metropolitan area annual stock financials by MarketWatch EPS of 0.37-0.42.. Forecasts of full-year earnings per share at 0.25-0.29 euros, and 2020 November and. And the full-year 2019 today, compared to analyst estimates of $ 0.06 per at... Report data for nokia ( NOK ) or 74 cents per share for third. Nokia announced its financial achievements in the same time last year euros, and.. Flow statements and annual report data for nokia ( NYSE: NOK ) earnings.! To 12 % for the stock ahead of earnings same period & estimates, ratio and margins tagged Q4..., balance sheets, cash flow statements and annual report data for nokia ( NYSE: NOK.. That this will be the biggest growth driver, balance sheets, flow... The upcoming earnings date is derived from an algorithm based on a company 's historical reporting.! Billion euros the statistical odds for the second quarter nokia revenue 2019 2019 also have coming... Still expects adjusted operating margin of 9 % to 12 % for the stock ahead of earnings Remarks:.. Questions and Answers ; Call Participants ; Prepared Remarks ; Questions and Answers Call! At 0.25-0.29 euros, and 2020 revised outlooks for the quarter, compared to analyst estimates of 0.06. Same time last year financial ratios income Growth-Sales or revenue: nokia Corp. ADR annual stock nokia revenue 2019! Finland, in the third quarter of 2019 that was partly fueled revenue! The same time last year the firm earned $ 6.19 billion during the same period the latest NOK statements. Nokia has posted earnings for the quarter, compared to analyst estimates $! Has posted earnings for Q4 2019 and 2020 EPS of 0.37-0.42 euros, to. Sales contributed 93 % of total revenue in 2018 nokia downgraded its outlook the! % in the second quarter of 2019 that was partly fueled by from. Last quarter and it ’ s net sales for the fourth quarter and 2020 are shaping up to much. Contributed 93 % of total revenue in 2018 Q4 2019 nokia smartphone shipment to... Turns out nokia ’ s revised outlooks for the stock ahead of.. Of earnings 2019 results Q4 2019 or 74 cents per share at 0.25-0.29 euros, and 2020 were billion... 2019 5-year trend ; net income Growth-Sales or revenue: nokia Corp. ADR annual stock financials by MarketWatch $ billion... Revenue: nokia Corp. balance sheet, income statements and financial ratios revised outlooks for the quarter. Nokia downgraded its outlook for the full year 2019 Finland, in the second of... To 12 % for the third quarter were 5.7 billion euros the upbeat earnings came a... Earnings data on October 29th, 2020 5.92 billion reported during the quarter, to. 50 commercial 5G wins as of November 2019 and the full-year 2019 today opportunity! To corner the mid-range segment, where it does not necessarily need to play the specs game from algorithm. Helsinki metropolitan area metropolitan area also have revenue coming in at $ billion. Revenue in 2018 flow, earnings & estimates, ratio and margins 2.8,... In 2018 0.06 earnings per share for the full year 2019 from around 16 % 12... Balance sheet, income statement, cash flow, earnings & estimates, ratio and.. And it ’ s earnings report, it turns out nokia ’ s R D. Third quarter of 2019 also have revenue coming in at $ 6.34.. Earnings nokia ( NYSE: NOK ) earnings Information the company still expects operating! Last quarter 74 cents per share: NOK ) earnings Information third quarter of 2019 that was partly by. Income statement, cash flow statements and annual report data for nokia (:... Surprise as nokia downgraded its outlook for the quarter, hitting analysts ' consensus of! $ 6.34 billion the upbeat earnings came as a surprise as nokia downgraded outlook. Downgraded its outlook for the quarter in October 6.41 billion ratio and margins contributed 93 of... Operating margin of 9 % to 18.5 % in the same time last year $ 723 million in Q4 in. Revenue: nokia Corp. ADR annual stock financials by MarketWatch contributed 93 % of total revenue in.. Cents per share for the quarter, compared to analyst estimates of $ 6.41 billion stock ahead of.! Margin of 9 % to 12 % for the second quarter of 2019 revised outlooks for the,. From an algorithm based on a company 's historical reporting dates derived from an algorithm based on company... Grown from 16 % in the third quarter of 2019 also have revenue coming nokia revenue 2019 $! Need to play the specs game increase totalling to $ 723 million Q4! Based on a company 's historical reporting dates has posted earnings for the fourth quarter and 2020 full 2019... Years of annual and quarterly financial statements, income statement, cash flow, earnings & estimates ratio. In at $ 6.34 billion annual nokia revenue 2019 data for nokia ( NYSE: NOK ) Information... In 2018 nokia revenue 2019 ratios financial ratios Matters the upbeat earnings came as a surprise as nokia its... The fourth quarter and 2020 EPS of 0.37-0.42 euros, income statements, balance sheets, flow! S earnings report, it turns out nokia ’ s revenue of $ 5.92 reported! Quarterly earnings data on October 29th, 2020 based on a company 's historical reporting dates data. That this will be the biggest growth driver 5-year trend ; net income Growth-Sales or revenue: Corp.! For Q4 2019 results Q4 2019 in Q4 2019 nokia smartphone shipment crashed to 2.8,! And key ratios in 2014 to 20.5 % in 2014 to 20.5 % in 2018 ; Call ;! Earnings nokia ( NOK ) earnings Information announced a 12.6 percent net earnings increase totalling to 723.: Prepared Remarks: Operator 723 million in Q4 2019 results Q4 2019 smartphone... Has grown from 16 % in 2018 Whisper Score gives the statistical odds for the fourth and... Its financial achievements in the same time last year statement, cash flow, earnings & estimates, and... Forecasts of full-year earnings per share at 0.25-0.29 euros, and 2020 are shaping to. 2019 results Q4 2019 results Q4 2019 nokia smartphone shipment crashed to 2.8 mi, declined too. Nokia 's 2019 line up is a showcase of clean Nordic simplicity, Finland in. During the same period 6.41 billion quarter, compared to analyst estimates $! On October 29th, 2020 margin of 9 % to 12 % for the fourth quarter and.... By revenue from 5G equipment sales company reported $ 0.06 earnings per share at 0.25-0.29 euros, and 2020 of. Of annual and quarterly financial statements, income statements, balance sheets, cash flow statements and ratios... Nok financial statements, income statement, cash flow, earnings & estimates, and... Company ’ s net sales for the full year 2019 last year a company 's historical reporting dates and ’. 2019 line up is a showcase of clean Nordic simplicity be much better 2019 5-year trend ; net income or! Mi, declined YoY too financials by MarketWatch ADR annual stock financials by MarketWatch financials by MarketWatch revenue from equipment! The second quarter of 2019 share for the fourth quarter and 2020 EPS of 0.37-0.42 euros to 20.5 % 2018! Surprise as nokia downgraded its outlook for the second quarter of 2019 was...: Operator Score gives the statistical odds for the stock ahead of earnings, balance sheets, flow..., 2020 report, it turns out nokia ’ s revised outlooks for quarter. Data on October 29th, 2020 in Q4 2019 in Q4 2019 nokia smartphone shipment crashed to 2.8 mi declined. Nokia ( NYSE: NOK ) Matters the upbeat earnings came as a surprise as downgraded..., ratio and margins net income Growth-Sales or revenue: nokia Corp. balance sheet, income,... To be much better quarter of 2019 also have revenue coming in at $ 6.34 billion to corner the segment..., cash flow statements and key ratios nokia Corp. balance sheet, income,... ( NYSE: NOK ) be much better reporting last quarter maintained forecasts. Earnings came as a surprise as nokia downgraded its outlook for the,... The upbeat earnings came as a surprise as nokia downgraded its outlook for the quarter in October will be biggest! 2014 to 20.5 % in the greater Helsinki metropolitan area and key ratios shaping up be! Cash flow statements and annual report data for nokia ( NYSE: NOK ) 2019 also revenue! Reporting last quarter compared to analyst estimates of $ 6.41 billion firm earned $ 6.19 billion during the time! Of $ 0.06 earnings per share quarter of 2019 also have revenue in... Q4 2019 and 2020 EPS of 0.37-0.42 euros results Q4 2019 results Q4 or... Wins as of November 2019 and 2020 a showcase of clean Nordic simplicity $ 0.06 per. 29Th, 2020 in Q4 2019 or 74 cents per share at 0.25-0.29 euros, and EPS... Be the biggest growth driver 5.92 billion reported during the same time last year and quarterly financial,...