Nokia's net profit grows to more than double and reaches 240 million euros by September
Nokia's net profit more than doubled to 240 million euros in the first nine months of the year, driven by a 7.1% increase in global revenues. The company's gross profit rose by 7.7% to 6.3 billion euros, despite a 43% drop in operating income due to extraordinary restructuring costs. Revenue reached 14.4 billion euros, with significant growth in the Americas and EMEA regions. The AI and cloud computing division saw its revenue more than double in Q3, securing new orders worth 1.5 billion euros.