An income statement is a financial report that shows a company’s profit and loss over a period of time, usually a quarter or a year. It shows how a company’s revenue (sales or income) is transformed into net income (profit or loss) by subtracting all expenses from both operating and non-operating activities. It also complements the balance sheet and the cash flow statement by showing how income…
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Nokia Corporation Financial Report for Q4 and Full Year 2020
HELSINKI: Nokia delivered a solid Q4 to end 2020 at the high end of our Outlook range. We saw healthy gross margin and operating margin performance for both Q4 and full year 2020, supported by a regional mix shift towards the higher margin North America region and by our ongoing R&D efforts to enhance product…