• Nokia posted Q2 reported operating loss of EUR 50 million, swinging from operating profit, as net sales rose 8% to EUR 4.82 billion.
• Comparable operating profit increased 18% to EUR 434 million, while comparable operating margin widened 0.7 percentage point to 9.0%.
• Profit for the period fell 95% to EUR 5 million; diluted EPS was EUR 0.00.
• Network Infrastructure net sales climbed 12%, led by Optical Networks up 19% and IP Networks up 15%; AI & Cloud net sales more than doubled to EUR 446 million.
• Outlook stayed unchanged, with comparable operating profit guidance revised to EUR 2.1 billion-EUR 2.6 billion after discontinued-operations reclassification.

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