Nokia’s third quarter profit beats expectation
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HELSINKI (Reuters) – Telecom equipment maker Nokia (NYSE:NOK) reported stronger-than-expected third-quarter operating profits on Thursday as development investments, strategy updates and cost cuts continued to drive a turnaround in the business.
July-September comparable operating profit rose to 633 million euros from 486 million last year, beating the 488 million euro mean forecast of eleven analysts polled by Refinitiv.
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