Will Top-Line Decline Affect Nokia's Q1 Earnings Results?
Nokia Corporation (NOK) is set to release its first-quarter 2024 results on April 24,before the opening bell. In the last reported quarter, the company’s adjusted earnings were 19 cents per share.The Finland-based telecom equipment provider is expected to witness revenue contraction year over year owing to fierce competition, macroeconomic challenges and inventory corrections. However, efforts to bolster the position in the 5G ecosystem with a strong emphasis on innovation and portfolio expansion are positi ...