Nokia’s third-quarter results miss expectations

STOCKHOLM/HELSINKI (Reuters) – Finnish telecom network equipment maker Nokia on Thursday reported worse-than-expected third-quarter underlying profit in its first earnings report under new Chief Executive Pekka Lundmark.

Nokia said its July-September underlying earnings remained at 0.05 euros per share, unchanged from a year earlier, missing the 0.07 euros consensus in a Refinitiv poll.

(Reporting by Supantha Mukherjee in Stockholm and Anne Kauranen in Helsinki; Editing by Tom Hogue)