=Nokia (NOK) reported earnings on Thur 26 Oct 2017 (b/o)

Nokia beats by EUR0.03, misses on revs

• Reports Q3 (Sep) earnings of 0.09 per share, 0.03 better than the Capital IQ Consensus of 0.06; revenues fell 7.0% year/year to 5.54 bln vs the 5.64 bln Capital IQ Consensus.
  • Strong non-IFRS gross margin of 42.7% (40.0% in Q3 2016)
• Outlook
  • Nokia's Networks business - Decline in line with the primary addressable market in full year 2017
  • Operating margin: 8-10% in full year 2017