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Nokia Oyj (NOKBF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
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3.9700-0.0300 (-0.75%)
At close: 12:37PM EDT
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Trade prices are not sourced from all markets
Previous close4.0000
Bid3.8000 x 306000
Ask3.9700 x 306100
Day's range3.9700 - 3.9700
52-week range2.9800 - 4.1300
Avg. volume418,490
Market cap21.854B
Beta (5Y monthly)0.73
PE ratio (TTM)24.81
Earnings dateN/A
Forward dividend & yield0.17 (4.40%)
Ex-dividend date22 Apr 2024
1y target estN/A
  • Associated Press Finance

    Nokia sees double-digit fall in Q2 profit, sales in weak 5G market but sees improved 2nd half

    Wireless and fixed-network equipment maker Nokia Thursday reported a double-digit fall in profit and sales in the second quarter due to a continuing weak market as clients are holding off investments in 5G technology. The Espoo, Finland-based company reported a net profit of 328 million euros ($359 million) for the April-June period, down 20% from 409 million euros ($447 million) a year earlier. Similarly to its Nordic rival Ericsson of Sweden, Nokia has suffered in the past year from operators cutting back on investments into 5G and other telecom technology because of economic uncertainty and high financing costs.

  • Reuters

    Nokia reports 32% drop in profit but sees recovery in 2nd half

    (Reuters) -Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America. Nokia and its rival Ericsson have been hit by customers buying less telecom equipment, and have announced thousands of lay-offs in response. Net sales fell 18% year-on-year, as the pace of investment in 5G technology in India, a key market, slowed after rapid growth a year before.

  • Zacks

    Nokia (NOK), Telecom Egypt to Deploy 5G Network in Egypt

    Nokia (NOK) partners with Telecom Egypt to introduce 5G technology in Egypt for the first time.