Nokia's third-quarter sales fell short of analysts' expectations as the recovery was slower than previously anticipated. The Espoo, Finland-based company announced on Thursday that net sales for the quarter fell 8% year over year to 4.33 billion euros, and analysts had previously expected 4.73 billion euros.

Nokia's third-quarter sales fell short of analysts' expectations as the recovery was slower than previously anticipated. The Espoo, Finland-based company announced on Thursday that net sales for the quarter fell 8% year over year to 4.33 billion euros, and analysts had previously expected 4.73 billion euros.