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Vendor Summary Reports examine recent quarterly results and items of interest about key vendors in the optical market. This report highlights Nokia’s 3Q23 results as reported on October 19th, 2023. See Cignal AI’s real-time Excel files for more details compared to the overall market.

Summary of Results


  • Nokia’s optical sales grew 5% during its fourth straight quarter of YoY gains. Rolling 4-quarter revenue sits at a record high of $513M as revenue from EMEA and India contributed to growth. However, QoQ revenue declined for the third straight quarter, and the huge gains in India were barely enough to offset severe declines in NA and CALA.

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