On July 18, 2024, Nokia Corporation reported a 18% decline in Q2 net sales compared to the previous year, significantly impacted by India's 5G deployment peak; however, order intake trends improved, and they confirmed a buyback program acceleration. They reiterated a full-year outlook expecting a comparable operating profit between EUR 2.3 billion to 2.9 billion, with Q2 comparable EPS at EUR 0.06 despite a reported loss of EUR 0.03 due to an impairment charge.