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Nokia posts Q2 profit

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According to Market Intelligence, December 2022

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Nokia posts Q2 profit

Nokia Corp. said its normalized net income for the second quarter came to €220.5 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 9.4%.

Total revenue totaled €3.21 billion, and total operating expenses came to €2.82 billion.

Reported net income came to €355.1 million, or 9 cents per share.