Nokia upgraded as Goldman sees improved 5G spending, share gains | NOK Message Board Posts


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Msg  213 of 214  at  7/13/2021 1:33:37 PM  by

Sixty2nds


 In response to msg 212 by  mu_aapl
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Strong Buy

Re: Nokia upgraded as Goldman sees improved 5G spending, share gains

https://seekingalpha.com/news/3714567-nokia-expects-to-raise-its-fy21-financial-guidance

Nokia expects to lift its FY21 financial guidance

Jul. 13, 2021 5:47 AM ETNokia Corporation (NOK)By: Jignesh Mehta, SA News Editor22 Comments
Nokia office building in Silicon Valley
Sundry Photography/iStock Editorial via Getty Images
In Q2, Nokia (NYSE:NOK) saw continued strength in the business, improving its expectations for the entire year.
The Company now expects to revise upwards its prior outlook ranges for 2021.
Nokia plans to provide full details on its Q2 and H1 financial performance and revised full-year 2021 guidance on July 29, 2021.
The previous outlook for 2021 (reiterated on April 29, 2021) was: Net sales, adjusted for currency fluctuations, 20.6bn to 21.8bn; Comparable operating margin, 7% to 10%; Comparable ROIC, 10% to 15%, and Positive FCF.
Shares +7% premarket.
Now read: Nokia upgraded as Goldman sees improved 5G spending, share gains


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