Nokia Raises Full-Year Profit Guidance to €2.1B–€2.6B on Q2 Outperformance

NOK-3.38%
Nokia raised its full-year adjusted operating profit guidance to €2.1–2.6 billion from the prior range of €2.0–2.5 billion, above market consensus of €2.36 billion. In the second quarter, the company's adjusted gross margin reached 46%, exceeding analyst expectations of 44.6%.
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