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北京时间·🕒 发布 13:08:24时区推断·⟳ 抓取 13:14:24·⚡ 决策 07-23 13:21:47 +7m23s·96.2 天前
诺基亚二季度调整后经营利润4.34亿欧元显著超预期
诺基亚二季度调整后经营利润4.34亿欧元，高于市场预期约3.723亿欧元，超预期约17%。
📄 原文Bloomberg↗ 原文
Nokia Oyj’s second-quarter profit strongly beat analysts’ forecasts, as the Finnish mobile network equipment maker’s pu…
不做 诺基亚（NOK.US）
财报超预期为正面但不是新订单或指引大幅上修，AI数据中心叙事已被持续交易，短线edge不足。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
🔎 新鲜度:最早出现 2026-07-23 · 扩散 high · price-in 风险 medium ↗
关键理由
- 诺基亚二季度调整后经营利润4.34亿欧元，高于市场预期约3.723亿欧元，超预期约17%。
- 净销售额同比增长8%至48亿欧元，数据中心设备业务推动增长。
主要风险
- 这是财报类事件，市场已知道诺基亚向AI数据中心和Nvidia合作转型；盈利超预期虽正面，但不等同于新的大订单或市值级增量。
原文全文
展开原文 · 2,086 字
Nokia Oyj’s second-quarter profit strongly beat analysts’ forecasts, as the Finnish mobile network equipment maker’s push to supply gear to data centers propelled sales.
Adjusted operating income rose to €434 million ($496 million) in the period, the Espoo-based company said in a statement on Thursday. That compares with an average analyst estimate of about €372.3 million, according to data compiled by Bloomberg.
Net sales rose 8% year on year to €4.8 billion for the quarter, in line with analysts’ estimates.
Chief Executive Officer Justin Hotard is working to diversify beyond its older telecommunications network gear to capitalize on the boom in artificial intelligence-driven data center construction. He announced the pivot last year alongside plans to restructure the company’s operations and sell off under-performing units, promising double-digit operating income growth in the years ahead.
While the AI boom has brought new opportunities, the rush to build out new data centers and increase computing resources has led to shortages of key parts, including memory chips, and increasing prices. Rival Ericsson AB warned last week that rising costs would hurt margins, making new orders from its customers more expensive to fulfill.
Nokia is also using AI to make its equipment more efficient. Last week, the company presented technology with chipmaker Nvidia Corp. that promises to as much as double the amount of data that wireless providers can transmit over the same airwaves. The platforms, set to be released next year, are designed to run with 4G and 5G networks and can easily be upgraded to a 6G standard once the next generation is defined.
Read More: Nokia, Nvidia Unveil AI-Powered Network, Doubling Data Loads
That means that cost-sensitive telecommunications companies can update their networks virtually instead of relying solely on pricey hardware replacements. Hotard said he’s aiming for software subscriptions to become the main driver of the company’s radio-access network business going forward. Nvidia took a $1 billion stake in Nokia last year.
Adjusted operating income rose to €434 million ($496 million) in the period, the Espoo-based company said in a statement on Thursday. That compares with an average analyst estimate of about €372.3 million, according to data compiled by Bloomberg.
Net sales rose 8% year on year to €4.8 billion for the quarter, in line with analysts’ estimates.
Chief Executive Officer Justin Hotard is working to diversify beyond its older telecommunications network gear to capitalize on the boom in artificial intelligence-driven data center construction. He announced the pivot last year alongside plans to restructure the company’s operations and sell off under-performing units, promising double-digit operating income growth in the years ahead.
While the AI boom has brought new opportunities, the rush to build out new data centers and increase computing resources has led to shortages of key parts, including memory chips, and increasing prices. Rival Ericsson AB warned last week that rising costs would hurt margins, making new orders from its customers more expensive to fulfill.
Nokia is also using AI to make its equipment more efficient. Last week, the company presented technology with chipmaker Nvidia Corp. that promises to as much as double the amount of data that wireless providers can transmit over the same airwaves. The platforms, set to be released next year, are designed to run with 4G and 5G networks and can easily be upgraded to a 6G standard once the next generation is defined.
Read More: Nokia, Nvidia Unveil AI-Powered Network, Doubling Data Loads
That means that cost-sensitive telecommunications companies can update their networks virtually instead of relying solely on pricey hardware replacements. Hotard said he’s aiming for software subscriptions to become the main driver of the company’s radio-access network business going forward. Nvidia took a $1 billion stake in Nokia last year.
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