Nokia Q2 profits beat forecasts

Nokia achieved a substantial adjusted operating profit of 434 million euros in the second quarter, surpassing analysts' expectations of 372.3 million euros, which boosted its profit margin to 9% compared to the predicted 7.7%. The company also recorded earnings per share of 0.07 euros, higher than the estimated 0.05 euros. Although the company's sales reached 4.82 billion euros, slightly below the forecast of 4.83 billion euros, with network equipment sales accounting for 2.04 billion euros.

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