Zhitong Finance App learned that on Thursday, optical communication concept stocks generally fell, Nokia (NOK.US) fell more than 9%, Applied Optoelectronics (AAOI.US), Coherent (COHR.US) fell more than 7%, Lumentum (LITE.US) fell nearly 7%, Credo Technology (CRDO.US), Corning (GLW.US), and MRVL.US (MRVL.US) fell more than 5%, POET Technologies ( POET.US) fell more than 2%. According to the news, on October 22, Nokia announced its third quarter results. Affected by restructuring and consolidation expenses of 357 million euros, the reported operating profit fell 22% year-on-year to 196 million euros, and the reported operating margin fell from 5.4% to 3.8%. Diluted earnings per share were only €0.03, far below market expectations of €0.10.

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