Nokia (NOK, Financial) experienced a significant stock price increase of over 6.5%, reaching $4.73. The surge follows the company's impressive fourth-quarter financial results, which exceeded market expectations.
The telecommunications giant reported a revenue of €5.98 billion for the quarter, marking a 10% year-over-year growth. This figure surpassed analysts' expectations of €5.76 billion. Additionally, Nokia's earnings per share stood at €0.18, outperforming the anticipated €0.13 per share.
Nokia continues to project its comparable operating profit for 2025 to be between €1.9 billion and €2.4 billion, aligning closely with analysts' estimates of €1.94 billion. The company's strong performance and sustained outlook have contributed to the positive investor sentiment.
