02-04-2021 11:47 AM | Source: Reuters
Nokia's fourth-quarter revenue beat expectations
News By Tags | #6156 #1358 #591

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HELSINKI  - Finnish telecom network equipment maker Nokia on Thursday reported better-than-expected fourth-quarter revenue amid a strategy revamp from new CEO Pekka Lundmark.

Nokia said its October-December revenue fell 5% to 6.57 billion euros, beating a consensus figure of 6.42 billion, Refinitiv Eikon data showed.

 

(Reporting by Tarmo Virki in Helsinki and Supantha Mukherjee in Stockholm; Editing by Tom Hogue)