Nokia reported for the first quarter of fiscal year 2017. The manufacturer noted relatively weak indicators due to the seasonal factor.
Revenues for the quarter were 5.38 billion euros, which is 2% less than the same quarter last year. The lion's share of this sum was earned by the Nokia Networks business unit: 4.9 billion euros, which is 6% less than a year ago.
At the same time, the division of Nokia Technologies brought the company 247 million euros, increasing the figure by 25%. This is the largest growth in annual terms among Nokia units in the last quarter.
However, the reporting period still ended in a loss of 473 million euros, which replaced last year's loss of 623 million euros.