Net sales rose 10% to 5.2 billion euros as AI and cloud customers placed orders.
Nokia reported third-quarter adjusted operating profit of 605 million euros, well above analyst estimates of 454 million euros, helped by deliveries of data centre equipment.
Net sales rose 10 per cent to 5.2 billion euros, driven by demand from AI and cloud customers. Mobile network sales grew 5 per cent to 2.9 billion euros.
The Finnish company raised its full-year restructuring charge estimate to as much as 1.1 billion euros. It expects its optical and IP networking business to grow by up to 30 per cent in 2027.
Chief executive Justin Hotard is pushing data centres as a bigger growth engine, and Nokia is working with Nvidia on AI-enabled mobile network equipment. Memory chip shortages and rising component costs remain a challenge.
