Nokia reports stronger-than-expected Q1 2022 financial results

Finnish telecommunications giant Nokia announced today company’s financial results for the first quarter of 2022.

In Q1 2022, Nokia reported revenue of 5.348 billion euro, which is an increase of 5% compared to Q1 2021. The comparable operating profit was 583 million euro, while per Reuters, the market expectations were 513 million euro. Nokia posted a concise YouTube video with Nokia CEO Pekka Lundmark going over the key segments from the report. You can check the video down below.

YouTube

You can find the full report in a PDF version here.

Source: Nokia