23-April-2026
Corporate News
 
AI Boom Lifts Nokia Sales, Shares Hit 16-Year High After Earnings Beat
23-Apr-2026

Nokia raised the growth targets for its artificial intelligence business on Thursday, after the network gear maker beat market expectations for quarterly comparable operating profit, sending its shares to their highest level in 16 years.. Comparable operating profit jumped 54% to 281 million euros ($329 million) in the first quarter of 2026. That was above the average estimate of 250 million euros from analysts polled by Infront.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-23/nokia-beats-first-quarter-estimates-as-ai-boom-lifts-sales-again