- "While 2014 was a year of reinvention, we see 2015 as a year of execution," announced Nokia's (NYSE:NOK) chief executive Rajeev Suri, saying the company was ready to take more steps to grow this year.
- Net profit in the three months to end-December quarter was €443M ($505M), or €0.11 a share, beating a median analyst forecast of €325M, or €0.09 a share.
- The stronger-than-expected quarterly profits was lifted by robust sales of latest-generation wireless telecom equipment in North America.
- Update: Nokia forecasts weakening profitability in 2015, saying adjusted operating margin at its network division will probably shrink this year.
- NOK -2.8% premarket