Nokia today posted second-quarter earnings per share (EPS) at the high end of expectations but said it expected weaker performance in the second half of the year.
Nokia, the only profitable company among leading mobile phone makers, said pre-tax profit fell 20 per cent year-on-year to euro 1.17 billionfor the quarter. This compared to apoll of analysts that called for a profit of euro 1.09 billion.
Nokia's earnings per share for the April-June period came in at euro 0.17 - in line with the company's June 12th shock profit warning when it said EPS would be in the euro 0.15-0.17range.