Nokia reported third-quarter net sales of €5.15 billion ($5.79 billion), up 10% year over year, and earnings per share of €0.09, both above analyst consensus. Operating profit rose 35% to €605 million, lifting the operating margin to 11.7%. Network Infrastructure led growth, with IP Networks revenue up 43% and Optical Networks up 18%, while AI and cloud net sales more than doubled and the company secured €1.5 billion in new orders. Nokia reaffirmed its 2026 operating profit outlook of €2.1 billion to €2.6 billion and expects its Optical and IP Networks businesses to grow 25% to 30% in 2027. The stock was up 1.2% for the week so far after slipping 1% overnight, and it has gained over 42% year to date.
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earningsNokiacloud computingartificial intelligence
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.97 |
| Change that session | +2.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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