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AI Boom Lifts Nokia Sales, Shares Hit 16-Year High After Earnings Beat

Summary by Benzinga
Nokia Corp. (NYSE:NOK) on Thursday posted first-quarter results, highlighting strong momentum in optical networking and a sharp jump in sales tied to AI and cloud customers. Nokia Q1 Results The Finnish company reported net sales of $5.26 billion (EUR 4.5 billion), up 4% year over year, but missed Benzinga’s estimates of $5.40 billion. EPS came at $0.06, missing estimates by 3% but increasing 67% year-on-year. The company's Network Infrastructur…

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Network company Nokia's comparable operating profit in the first quarter was EUR 281 million, up 54 percent from the previous year.

·Finland
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mykxlg.com broke the news on Thursday, April 23, 2026.
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