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Affichage des articles associés au libellé Sales

Nokia profit soars on buoyant sales for 5G technology

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HELSINKI (AP) - Wireless network maker Nokia on Thursday reported a significant improvement and better-than-expected first-quarter profit due to buoyant sales of its new generation 5G devices. Based in Espoo, Finland, the company posted a net profit of 375 million euros from January to March (compared to 45 million euros in the previous year). Sales rose by 3% to 5.1 billion euros. CEO Pekka Lundmark said the numbers "got the year off to a robust start" for Nokia, which aims to become the global leader in 5G technology in a close race with Nordic competitor Ericsson, Chinese Huawei and South Korean Samsung, among others. "Today's results show that we are on the right track to implement our three-phase plan to achieve sustainable, profitable growth and technology leadership as announced," Lundmark said in a statement. Nokia said the company's business was driven by stro

CardieX Ltd lifts FY21 sales growth target on the back of strong March quarter

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Sales since the beginning of 2021 have increased by more than 30% compared to the same period in fiscal year 20. () has raised its forecast for fiscal 2021 revenue growth after a successful March quarter by 40%. CardieX, a global medical technology company focused on hypertension, cardiovascular disease, and other vascular diseases, posted steady revenue growth in the penultimate quarter of fiscal 21. Excluding royalties, medical device sales increased 30% year over year on a currency-neutral basis, with key new team members and market growth driving the increased sales targets. Two pillar strategy CardieX CEO and General Manager Craig Cooper said the company is investing in both medical device products and wearable devices for consumers to diversify its product offerings and create value for shareholders. "Ultimately, under the CardieX Holding, we will have two separate but intertwined businesses," he said. “ATCOR will continue our traditional medical dev