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Nokia's Outlook Worsens As Revenue Slumps

TheMotleyFool 
0 0 28.10.17
Nokia's Outlook Worsens As Revenue Slumps
 
Nokia's Outlook Worsens As Revenue Slumps

Nokia (NYSE: NOK) reported its third-quarter results before the market opened on Oct. 26. A steep revenue decline was driven by weakness in the network's business, with a strong performance from the technologies segment unable to pick up the slack. Profits nearly doubled, but the company again lowered its outlook for the full year, citing challenging market conditions and increased competition. Here's what investors need to know about Nokia's third-quarter results.

Metric

Q3 2017

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Source: Fool.com

Nokia Corp. A ADR Stock

€3.56
0.560%
The Nokia Corp. A ADR stock is trending slightly upwards today, with an increase of €0.000 (0.560%) compared to yesterday's price.
With 6 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 4 € shows a slightly positive potential of 12.36% compared to the current price of 3.56 € for Nokia Corp. A ADR.
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