trending Market Intelligence /marketintelligence/en/news-insights/trending/UkrvZ7zcZpmn_797ulyflQ2 content esgSubNav
In This List

NOK Corp. fiscal Q3 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


NOK Corp. fiscal Q3 profit climbs YOY

NOK Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥106.07 per share, a gain from ¥48.99 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥18.32 billion, a gain from ¥8.45 billion in the year-earlier period.

The normalized profit margin increased to 9.2% from 5.3% in the year-earlier period.

Total revenue climbed 26.3% on an annual basis to ¥199.56 billion from ¥158.03 billion, and total operating expenses climbed 19.6% from the prior-year period to ¥175.12 billion from ¥146.41 billion.

Reported net income grew year over year to ¥20.85 billion, or ¥120.70 per share, from ¥9.57 billion, or ¥55.48 per share.

As of Feb. 13, US$1 was equivalent to ¥118.68.