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ERIC 外匯新聞
Ericsson Stock Drops On Weak Q2, Cautious View On Q3 Networks Margin
Shares of LM Ericsson were losing around 8 percent in Sweden as well as in the pre-market activity on the Nasdaq, after the Swedish telecom major reported Tuesday lower second-quarter profit and sales, mainly due to weak Networks and Enterprise performance. Further, the firm warned on some pressure on Networks adjusted gross margin in the third quarter due to higher volumes of network rollout proj
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58天前
Ericsson Shares Surge On Significantly Higher Q3 Profit, Though Sales Down
Shares of LM Ericsson were gaining around 15 percent in Sweden as well as in the pre-market activity on the Nasdaq, after the Swedish telecom major reported Tuesday significantly higher profit in its third quarter, benefited by a capital gain from the divestment of iconectiv. Meanwhile, net sales declined on a reported and organic basis from the prior year.
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331天前
Ericsson Q4 Results Rise, Hikes Dividend; But Stock Down
Swedish telecom major LM Ericsson reported Friday higher fourth- quarter earnings and sales, with significant growth in North America, despite weak results in Asia, particularly India. Further, the company lifted quarterly dividend. Meanwhile, the shares were losing around 9 percent in Sweden as well as in pre-market activity on the Nasdaq.
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594天前
Ericsson Turns To Q3 Profit, Sees Signs Of Stabilizing Market; Stock Climbs
Shares of LM Ericsson were gaining more than 8 percent in the early morning trading in Stockholm as well as in pre-market activity on the Nasdaq after the Swedish telecom major reported a profit in its third quarter, compared to prior year's loss, even as sales declined. Looking ahead, Borje Ekholm, President and CEO, said, "We see increasing customer momentum around programmable networks that...
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696天前
Ericsson Q2 Net Loss Widens, While EBITA, Margin Climb; Stock Up
Shares of LM Ericsson were gaining more than 9 percent in the morning trading in Stockholm as well as around 6 percent in pre-market activity on the Nasdaq after the Swedish telecom major reported Friday significantly higher EBITA, a key earnings metric, in its second quarter. Meanwhile, net loss was sharply wider on hefty impairment charge as well as weak sales.
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791天前
Ericsson Q1 Profit Surges, Sees Sales To Stabilize In H2; Stock Climbs
Shares of LM Ericsson were gaining more than 6 percent in the morning trading in Stockholm as well as around 8 percent in pre-market activity on the Nasdaq after the Swedish telecom major reported Tuesday significantly higher profit in its first quarter. Meanwhile, net sales were weak hit mainly by lower Networks sales. Further, the company said it expects sales to stabilize during the second half
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877天前
Ericsson Announces Headcount Reduction Of Approximately 1,200 In Sweden
LM Ericsson (ERIC) announced Monday proposed staff reductions in Sweden as it expects a challenging mobile networks market in 2024, with further volume contraction.
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899天前
Global 5G Subscriptions To Top 5.3 Bln By 2029-End: Ericsson Mobility Report
Global 5G subscriptions are forecast to increase more than 330 percent over the next six years to reach at 5.3 billion, with 85 percent of the global population to have 5G coverage access, according to Ericsson Mobility Report. The November 2023 edition of the report, which is key industry reference source for network data, performance, statistics, and forecasts, estimates that new 5G...
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1015天前
Ericsson Slips To Q3 Loss, Warns On Uncertain FY24; Stock Down
Shares of LM Ericsson were losing around 9 percent in the morning trading in Stockholm after the Swedish telecom company reported Tuesday a hefty loss in its third quarter, compared to prior year's profit, hit by one-time charge related to Vonage acquisition, as well as weak sales. Looking ahead, the company expects the current macroeconomic uncertainty to persist into 2024.
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1060天前
Ericsson Stock Down On Q2 Loss; Backs FY View
Shares of LM Ericsson were losing around 8 percent in the morning trading in Sweden as well as around 9 percent in pre-market activity on Nasdaq after the networking and telecom major reported Friday a loss in its second quarter, compared to prior year's profit, on restructuring charges and weak organic sales. Ericsson further said it remains focused on reaching the lower end of the long term EBIT
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1154天前
