{"id":1044871,"date":"2026-10-22T17:10:45","date_gmt":"2026-10-22T11:40:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1044871"},"modified":"2026-10-22T17:10:45","modified_gmt":"2026-10-22T11:40:45","slug":"nokias-third-quarter-profit-beats-expectations-amid-booming-ai-sales","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/22\/nokias-third-quarter-profit-beats-expectations-amid-booming-ai-sales\/","title":{"rendered":"Nokia&#8217;s third-quarter profit beats expectations amid booming AI sales"},"content":{"rendered":"<p>Finnish telecom equipment maker Nokia reported a bigger than expected rise in quarterly earnings on Thursday and maintained its full-year financial outlook.<\/p>\n<p>Comparable operating profit rose to 605 million euros ($680.20 million) in the third quarter of 2026 from a year-ago 448 million euros, above the average estimate of 453 million euros in a company -provided poll.<\/p>\n<p>Comparable net sales rose 10% to 5.15 billion euros in the quarter, versus a company -provided consensus of 5.05 billion euros.<\/p>\n<p>Demand from AI and cloud customers has become an increasingly important growth driver for Nokia.<\/p>\n<p>AI and cloud order intake grew 118% year-on-year to 1.5 billion euros.<\/p>\n<p>&#8220;We expect our combined Optical and IP Networks businesses to grow between 25% and 30% in 2027,&#8221; CEO Justin Hotard said in a statement.<\/p>\n<p>&#8220;Overall, growth is accelerating, operating leverage is becoming more visible and I&#8217;m confident in the long -term shareholder value Team Nokia is creating,&#8221; CEO Justin Hotard said in a statement.<\/p>\n<p>Nokia&#8217;s share price is up 48% year-to-date.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finnish telecom equipment maker Nokia reported a bigger than expected rise in quarterly earnings on Thursday and maintained its full-year financial outlook. Comparable operating profit rose to 605 million euros ($680.20 million) in the third quarter of 2026 from a year-ago 448 million euros, above the average estimate of 453 million euros in a company -provided poll. Comparable net sales rose 10% to 5.15 billion euros in the quarter, versus a company -provided consensus of 5.05 billion euros. Demand from AI and cloud customers has become an increasingly important growth driver for Nokia. AI and cloud order intake grew 118% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1044871","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1044871"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044871\/revisions"}],"predecessor-version":[{"id":1044872,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044871\/revisions\/1044872"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1044871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1044871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1044871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}