Update: Correction: Nokia Q3 Comparable Earnings, Sales Rise; Q4 Sales Growth Outlook Set

MT newswire2026/10/22 10:06

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06:06 AM EDT, 10/22/2026 (MT Newswires) -- (Updates to include operating profit outlook in the sixth paragraph.) Nokia (NOK) reported Q3 comparable earnings Thursday of 0.09 euros ($0.10) per diluted share, up from 0.06 euros a year earlier. Analysts polled by FactSet expected 0.06 euros. Net sales for the quarter ended Sept. 30 were 5.15 billion euros, compared with 4.70 billion euros a year earlier. Analysts expected 5.10 billion euros. The telecommunications equipment maker said it expects Q4 quarter-on-quarter net sales growth of 20% to 24%. Nokia continues to expect 2026 comparable operating profit between 2.1 billion euros and 2.6 billion euros. The company also approved a quarterly dividend of 0.03 euro per share, payable Nov. 5 to shareholders of record Oct. 27.

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