STOCKHOLM (Reuters) – Finnish telecom equipment maker Nokia reported on Thursday quarterly operating profit ahead of market expectations, boosted by strong demand for 5G gear from phone companies.
Second-quarter comparable operating profit rose to 714 million euros ($729.71 million) from 682 million last year, beating the 636.52 million euro mean forecast of 11 analysts polled by Refinitiv.
($1 = 0.9785 euros)
(Reporting by Supantha Mukherjee in Stockholm; Editing by Muralikumar Anantharaman)
