The Finnish maker of telecom-class networking equipment reported third-quarter results last month that met expectations, paired with terrible guidance targets.
News & Analysis: Nokia
A onetime giant in the telecom sphere and an operator of popular restaurant chains both started off the week with losses.
NOK earnings call for the period ending September 30, 2019.
Absent big market-moving news, individual stocks were in investors' crosshairs.
The Finnish telecom equipment veteran delivered decent third-quarter results but also slashed its long-term earnings guidance while punching the "pause" button on dividend payouts.
NOK earnings call for the period ending June 30, 2019.
Solid growth set the stage for an improved second half.
Solid earnings lifted some stocks despite a big market downturn.
Results improved in the second quarter, but the company will need a solid second half to hit its guidance.
The company will need a strong second half to make up for a dismal performance to start the year.