Nokia beats first-quarter estimates as AI boom lifts sales again

Nokia reported a bigger-than-expected rise in quarterly comparable operating profit, supported by strong demand from AI and cloud customers. The company booked 1 billion euros in orders, signaling healthy underlying demand and improved fundamentals. The result is likely constructive for Nokia shares, though the broader market impact should remain limited.

Analysis

Nokia reported a bigger-than-expected rise in quarterly comparable operating profit, supported by strong demand from AI and cloud customers. The company booked 1 billion euros in orders, signaling healthy underlying demand and improved fundamentals. The result is likely constructive for Nokia shares, though the broader market impact should remain limited.