Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "Nokia Corporation Q2 FY2024 Financial Research Brief" report from EJL Wireless Research has been added to ResearchAndMarkets.com's offering.
This report offers a comprehensive financial and strategic analysis of Nokia Corporation's Q2 2024 results, covering the period from April 1 to June 30. It includes a detailed review of Nokia's financial performance for the quarter, providing insights into key financial metrics and overall business performance.
The report also delves into the strategic aspects of Nokia's regional performance, highlighting how different geographic areas contributed to the company's financial outcomes. Additionally, the analysis extends to the performance of the Networks segment, exploring both financial results and strategic initiatives within this crucial area of Nokia's business. The report concludes with the publisher's perspective, offering expert insights and interpretations of Nokia's Q2 2024 financial results and strategic direction.
Financial Results:
Nokia Corporation [NOK] reported fiscal 2024 Q2 results on July 18, 2024.
The focus of this research brief is on the overall company performance but specifically for the Mobile Networks segment part of the company and its financial performance.
Key Takeaways from overall financial performance:
- Revenues down 18% YoY to EUR 4.466 billion from EUR 5.438 billion
- Reported gross margins up 380 bps YoY to 43.3% from 39.5%
- Report EBITA margins up 110 bps YoY to 9.7% from 8.6%
Key Topics Covered:
- Financial Research Brief
- Methodology
- Author
- Financial Results
- AT&T Wireless Update
- Market Remains Competitive from Chinese RAN Vendors
- Vodafone Idea Accounts Receivables Resolution & Implications
- Cloud Networks and Services (CNS) Segment Update
- Nokia Management Q3 and 2024 Outlook
- Nokia Management 2026 Outlook
- Publisher's Perspective
TABLES
- Table 1: Segment Sales (EUR Millions), Q1 2023 - Q2 2024
- Table 2: Segment Sales (As a % of total), Q1 2023 - Q2 2024
- Table 3: Nokia FY 2024 Financial Targets
- Table 4: Nokia FY 2024 Financial Targets by Business Group
- Table 5: Nokia FY 2026 Financial Targets
- Table 6: Nokia FY 2026 Financial Targets by Business Group
EXHIBITS
- Exhibit 1: Nokia Segment Sales (EUR Millions), Q1 2023 - Q2 2024
- Exhibit 2: Nokia Sales by Region, Q2 2024 vs. 2023, EUR Millions
- Exhibit 3: Nokia Sales by Region, Q2 2024 (% of Total)
- Exhibit 4: Nokia Mobile Networks Sales by Region, Q2 2024 vs. 2023, EUR Millions
For more information about this report visit https://www.researchandmarkets.com/r/noncr1
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