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Nokia non-IFRS EPS of €0.01

  • Nokia (NOK): Q3 non-IFRS EPS of €0.01.
  • Revenue of €5.66B. Shares +5.8% premarket. (PR)
Comments (14)
  • Seppo Sahrakorpi
    , contributor
    Comments (1871) | Send Message
     
    Great outlook, full report here:
    http://bit.ly/VhEJPZ
    29 Oct 2013, 07:30 AM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (1871) | Send Message
     
    "...[[Without D&S] Nokia Group's non-IFRS operating margin of its continuing operations would have been 11.5%..."

     

    "...NSN achieved underlying profitability for the sixth consecutive quarter, with Q3 non-IFRS operating margin of 8.4%, reflecting strong gross margin and continued progress relative to its strategy in a seasonally weak quarter. ..."

     

    Also / moreover: "...Nokia expects NSN's non-IFRS operating margin in the fourth quarter 2013 to be approximately positive 12 percent, plus or minus four percentage points..."

     

    I.e. Q4 is going to be good!
    29 Oct 2013, 07:32 AM Reply Like
  • La Rue
    , contributor
    Comments (678) | Send Message
     
    Love it !
    29 Oct 2013, 07:46 AM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    Awesome!
    29 Oct 2013, 08:03 AM Reply Like
  • Jacob Steinberg
    , contributor
    Comments (814) | Send Message
     
    Looks like a decent quarter to me.
    29 Oct 2013, 08:32 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (8166) | Send Message
     
    Would like to see faster revenue growth.
    29 Oct 2013, 08:40 AM Reply Like
  • ewmpsi
    , contributor
    Comments (1412) | Send Message
     
    Nokia predicts rise in profit margins

     

    By Richard Milne, Nordic Correspondent

     

    The core business of the new Nokia reported weaker-than-expected sales and profits but the Finnish group cushioned the blow by saying profitability at its telecoms equipment unit would soar by the end of the year.

     

    NSN, which makes network gear for the telecoms industry, should see its underlying operating profit margin rise to 12 per cent in the fourth quarter, plus or minus four percentage points. That is well ahead of forecasts from the likes of Nordea for a margin of 10 per cent.

     

    http://on.ft.com/1cgpRZk
    29 Oct 2013, 08:49 AM Reply Like
  • Diederik1
    , contributor
    Comments (14) | Send Message
     
    It is good to see that Nokia is doing so well, but I feel sad that it will sell its devices segment. The lumia sales are showing improvement quarter on quarter, with now another 19% increase in lumia sales.
    29 Oct 2013, 08:52 AM Reply Like
  • living the life
    , contributor
    Comments (19) | Send Message
     
    Nokia and ALU extremely undervalued. Market Cap of ALU only 8.5 Billion, it is widely speculated that NOK will make an acquisition bid exceeding $2.7 Billion for ALU wireless assets, a "win-win" for both companies' shareholders. This, along with strong earnings from both NOK and anticipated strong earnings from ALU, should push NOK to $10+ pps and $5+ at ALU
    29 Oct 2013, 08:57 AM Reply Like
  • ewmpsi
    , contributor
    Comments (1412) | Send Message
     
    What I took from the reports are that NSN is still pulling the wagon for NOK, low end Lumia devices will be huge for MSFT, and feature phones are bottoming out...

     

    ""During its quarterly financial earning report, Nokia revealed that it sold about 8.8 million Lumia Windows Phone devices in the last quarter. Lumia Q3 volumes increased 19% quarter-on-quarter to 8.8 million units especially due to strong customer demand for the Lumia 520. For a comparison, Lumia volumes increased from 2.9 million in the third quarter 2012 to 8.8 million units this quarter. Nokia also saw slight increase in feature phone device sales. Mobile Phones Q3 volumes increased 4% quarter-on-quarter to 55.8 million units, demonstrating solid performance across the majority of our portfolio due to recently launched devices, particularly the Nokia 105, the Asha 501, and the Nokia 210.""

     

    http://bit.ly/1abH1nl
    29 Oct 2013, 08:59 AM Reply Like
  • slcUTAH
    , contributor
    Comments (507) | Send Message
     
    "What I took from the reports are that NSN is still pulling the wagon for NOK, low end Lumia devices will be huge for MSFT, and feature phones are bottoming out..."

     

    This is my impression with MSFT regarding the low end Lumia devices, too. Perhaps taking a position in MSFT in the not too distant future will be in order??? We shall see.

     

    -Cheers.
    29 Oct 2013, 07:45 PM Reply Like
  • Diederik1
    , contributor
    Comments (14) | Send Message
     
    I am wondering something. Seeing as Microsoft is not acquiring Nokia's research labs, how will microsoft be able to innovate? Will it buy inventions done by its research labs? Can someone please shed some light on this?
    29 Oct 2013, 09:08 AM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    $MSFT has plenty of its own research depts/labs... in need of a swift kick in the butt though....

     

    I feel bad for those people at $MSFT who are supposed to be developing *the next big thing of things* and are consistently being beat by other companies the last 10 years... I can only imagine its depressing to work there...
    29 Oct 2013, 09:10 AM Reply Like
  • Diederik1
    , contributor
    Comments (14) | Send Message
     
    One thing that also stood out was that its asha sales are improving again. Though it doesn't state what the exact numbers were, it says 5.9 million full touch asha phones were sold. Last quarter, only 4.3 million asha's were sold in total.
    29 Oct 2013, 09:12 AM Reply Like
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