On Thursday, Shares of Nokia Corporation (NYSE:NOK), gained 6.68% to $7.03.
This is a summary of the Nokia Corporation interim report for second quarter 2015 and January-June 2015 published recently. The complete interim report for second quarter 2015 and January-June 2015 with tables is accessible at http://company.nokia.com/en/financials. Investors should not rely on summaries of our interim reports only, but should review the complete interim reports with tables.
FINANCIAL HIGHLIGHTS
- Net sales in Q2 2015 of EUR 3.2 billion (EUR 2.9 billion in Q2 2014), up 9% year-on-year (down 1% year-on-year on a constant currency basis)
- Non-IFRS diluted EPS in Q2 2015 of EUR 0.09 (EUR 0.06 in Q2 2014), an enhance of 50% year-on-year; stated diluted EPS in Q2 2015 of EUR 0.09 (loss of EUR 0.01 in Q2 2014)
Nokia Networks
- 6% year-on-year net sales growth (4% year-on-year decline on a constant currency basis)
- 12% year-on-year growth in non-IFRS gross profit, with non-IFRS gross margin increasing to 40.0% from 38.1%, primarily driven by an elevated level of software sales within Mobile Broadband and strong performance across Global Services
- 11% year-on-year growth in non-IFRS operating profit, with non-IFRS operating margin increasing to 11.5% from 11.0%, supported by continued focus on operational excellence
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally. The company operates through four segments: Mobile Broadband, Global Services, HERE, and Nokia Technologies.
Shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU), inclined 7.30% to $15.58, during its last trading session.
Standard & Poor’s Ratings Services affirmed its rating on FCA N.V.’s long-term debt at “BB-” and raised the outlook to positive from stable.
The short-term rating was confirmed at “B”.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
Finally, Pandora Media, Inc. (NYSE:P), ended its last trade with -0.59% loss, and closed at $16.91.
Pandora Media declared that the company’s Chief Financial Officer, Mike Herring, will present at the Needham Interconnect Conference in New York, NY.
Mr. Herring will engage in a fireside chat on Tuesday, August 4, 2015 at 6:20 a.m. PT / 9:20 a.m. ET.
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, in addition to offers Pandora One, a paid subscription service to listeners.
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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
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