Nokia reported stronger-than-expected second-quarter earnings as robust demand from artificial intelligence and cloud customers helped offset broader challenges in the telecom equipment market, according to Reuters.
It posted a comparable operating profit of 434 million euros ($496.1 million) for the quarter ended June, an 18% year-on-year increase, comfortably surpassing analysts' average estimate of 382 million euros, according to an LSEG poll cited by Reuters.
