What happened Shares of Finnish telecom technology veteran Nokia (NYSE: NOK) fell as much as 10% on Thursday following the release of unimpressive first-quarter results. By 1:50 p.m. EDT, the stock has climbed back to a 9% loss for the day. So what Wall Street's consensus estimates had been calling for earnings near $0.02 per share on sales in the neighborhood of $5.06 billion. Nokia's adjusted bottom line stopped at a loss of $0.02 per share alongside top-line sales of $4.49 billion. Image source: Getty Images. Now what Nokia's management kept a stiff upper lip regarding these disappointing results, holding full-year projections steady and arguing that business should pick up in the second half of 2019. In particular, 5G network orders should start rolling in as the year moves on. The company could even pick up more orders than expected in that arena as telecoms around the world back away from Chinese suppliers due to security concerns. Nokia's leaders summarized the report this way: "In short, an expectedly weak Q1, but continued reason for optimism as the year progresses." 10 stocks we like better than NokiaWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and Nokia wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019Anders Bylund has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source