Nokia quarterly revenue to get 5G boost before coronavirus impact felt – Benchmarking Change – Hardware – Telco/ISP

Nokia Oyj is predicted to report a rise in revenue for the first 3 months of the 12 months, backed by larger sales of 5G machines, before emotion the results of supply chain disruption in the latest quarter.

The Finnish organization, battling with China’s Huawei and Sweden’s Ericsson, is making an attempt to reinforce its 5G slate and looking to deployment by US telecom businesses for progress.

Nokia, which will publish earnings on April 30, is predicted to report revenue of billion euros (US$five.fifty five billion), up one.twenty five percent from a 12 months previously, in accordance to Refinitiv details centered on eight analysts.

Analysts also estimate the organization to crack even in the quarter in comparison with an fundamental loss of two cents per share in the identical period very last 12 months.

Nokia, which axed its dividend after a earnings warning very last October, is awaiting the

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