Nokia (GB:0HAF) (NOK) shares jumped over 9% on July 21 to close at €5.12 after the multinational telecommunications, information technology, and consumer electronics company delivered impressive second-quarter results. Nokia also reaffirmed its FY2022 guidance, in contrast to the slashed outlook by peers. Investors cheered the optimistic management commentary, which implied that the company is confident in achieving its full-year outlook towards the “higher-end” of the sales range as well as at the mid-point of the operating margin range. Nokia’s Q2 Beat Adjusted earnings of €0.10 per share grew 11% year-over-year and beat analysts’ expectations of €0.08 per share. The company reported earnings of €0.09 per share for the prior-year period.
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Nokia (NYSE:NOK)
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