Similar companies
Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 4.33B | 3.1% |
| Gross Profit | 4.33B | 124.7% |
| Net Income | 175M | 220.7% |
| EBITDA | 246M | 61.7% |
Balance Sheet (NONE)
| Q3 '24 | QoQ |
|---|
Cash Flow (NONE)
| Q3 '24 | QoQ |
|---|
Financial Highlights for Nokia in Q3 '24
Nokia reported a revenue of 4.33B, which is a -3.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes.
Gross Profit stood at 4.33B, marking a 124.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Net Income for the quarter was 175M, showing a 220.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 246M, showing a -61.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Nokia faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.
