Nokia surpassed market expectations in the third quarter, driven by robust optical and cloud demand, notably in AI-focused data centers following its Infinera acquisition.

The company's shares surged 10.6% to 5.2 euros by 0717GMT, their highest in three years, adding 3 billion euros to its market value. Analysts had predicted a 342 million euros profit, yet Nokia reported 435 million euros.

Despite challenges such as U.S. tariffs, a market slowdown, and a weaker dollar leading to a July profit warning, Nokia's Q3 net sales increased 12% to 4.83 billion euros, exceeding forecasts. Growth in Optical Networks and cloud services propelled these figures, with AI playing a significant role.

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