Nokia Oyj on Thursday reported a 2% fall in first-quarter revenue that missed analysts’ estimates, as it took a hit of about 200 million euros to its topline largely because the COVID-19 pandemic disrupted supply in China. It, however, eked out a small profit backed by good demand for its new 5G telecoms equipment. Nokia reported January-March revenues of 4.9 billion euros ($5.33 billion), missing the 5.1 billion euro consensus figure, according to Refinitiv data. …read more
Source:: Yahoo Finance
