
Nokia reported Q1 2024 sales of EUR 4.667 billion, a drop of 19% yoy in constant currency (-20% reported). Q1 comparable diluted EPS amounted to EUR 0.09; reported diluted EPS of EUR 0.08.HighlightsMobile Networks DivisionThe Mobile Networks division faced significant challenges in the first quarter, with net sales falling by 37% in constant currency, primarily due to reduced spending in North America and India. The slowdown in India was anticipated...