Investing.com - Nokia Oyj (HE:NOKIA) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokia (NYSE:NOK) Oyj announced earnings per share of €0.09 on revenue of €5.31B. Analysts polled by Investing.com anticipated EPS of €0.0406 on revenue of €5.14B.
Nokia Oyj shares are up 19% from the beginning of the year, still down 2.47% from its 52 week high of €5.38 set on July 29. They are under-performing the AEX which is up 21% from the start of the year.
Nokia Oyj shares gained 6.04% in intra-day trade following the report.
Nokia Oyj follows other major Information Technology sector earnings this month
Nokia Oyj's report follows an earnings beat by TietoEVRY on July 20, who reported EPS of €0.63 on revenue of €721.85M, compared to forecasts EPS of €0.6151 on revenue of €721.84M.
F-Secure Oyj had missed expectations on July 15 with second quarter EPS of €0.02 on revenue of €58.1M, compared to forecast for EPS of €0.026 on revenue of €57.66M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar