Nokia Oyj reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was EUR 4,466 million compared to EUR 5,438 million a year ago. Net loss was EUR 146 million compared to net income of EUR 290 million a year ago. Basic earnings per share from continuing operations was EUR 0.07 compared to EUR 0.05 a year ago. Diluted loss per share from continuing operations was EUR 0.09. Basic loss per share was EUR 0.03 compared to basic earnings per share of EUR 0.05 a year ago. Diluted loss per share was EUR 0.03 compared to diluted earnings per share of EUR 0.05 a year ago.
For the six months, sales was EUR 8,910 million compared to EUR 11,013 million a year ago. Net income was EUR 288 million compared to EUR 569 million a year ago. Basic earnings per share from continuing operations was EUR 0.15 compared to EUR 0.1 a year ago. Diluted loss per share from continuing operations was EUR 0.1. Basic earnings per share was EUR 0.05 compared to EUR 0.1 a year ago. Diluted earnings per share was EUR 0.05 compared to EUR 0.1 a year ago.