Wellness

Nokia spikes 17% after growth in its 5G business helps drive earnings past analysts' estimates

8 days ago   |   By Business Insider

Nokia's new President and CEO Pekka Lundmark shakes hands with resigning President and CEO Rajeev Suri after a news conference at the Nokia headquarters in Espoo
Reuters
Nokia shares jumped as much as 17% on Thursday after a strong earnings report.
The Finnish telecommunications firm saw revenue of €5.08 billion and net profits of €373 million in the first quarter.
Revenue from Nokia's critical 5G network infrastructure business rose 28% in the quarter.
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Nokia stock spiked as much as 17% on Thursday during premarket...
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