Shares of Nokia Oyj (NOK) are climbing about 4 percent on Thursday morning trading after the company announced its interim first-quarter financial results, reporting a net income of EUR 87 million, or EUR 0.02 per share, compared with a net loss of EUR 60 million, or EUR 0.01 per share in the same period last year.
The company's shares are currently trading at $10.27 on the New York Stock Exchange, up 4.26 percent. The stock opened at $10.29 and has climbed as high as $10.86 so far in today's session. Over the past year, it has traded in a range of $4.00 to $10.86.
Net sales moved up to EUR 4.497 billion from EUR 4.390 billion last year, helped by continued strong demand, particularly in AI & Cloud. Net sales from AI & Cloud surged to EUR 350 million from the prior year's EUR 180 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.