01:05 PM EDT, 07/22/2025 (MT Newswires) -- Nokia ( NOK ) cut its 2025 comparable operating profit guidance to the range of 1.6 billion euros ($1.88 billion) to 2.1 billion euros from 1.9 billion euros to 2.4 billion euros, citing currency headwinds from the weaker dollar and tariffs.

Preliminary Q2 figures show net sales of 4.55 billion euros and comparable operating profit of 300 million euros, the company said Tuesday in a statement.

Analysts surveyed by FactSet expect sales of 4.75 billion euros.

Full Q2 results are expected Thursday.

Nokia ( NOK ) shares fell 3% in recent Tuesday trading.

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