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News Digest /
Ticker: ERIC
Ticker: ERIC
09:08am, Thursday, Jan 15, 2026
Ericsson (NASDAQ:ERIC) is set to cut around 1,600 jobs in Sweden as part of a broader efficiency drive, signaling a strategic shift ahead of its upcoming Q4 2025 earnings report.
05:59am, Friday, Jan 24, 2025
Ericsson's Q4 earnings reveal a 1% rise in net sales to 72.9 billion crowns, driven by a 54% surge in North America. Despite challenges in Asia, the company plans a dividend increase, reflecting commitment to shareholder value amid market volatility.
06:21am, Tuesday, Oct 15, 2024
Ericsson AB (NASDAQ: ERIC) surpassed Q3 earnings expectations, driven by its $14 billion deal with AT&T. Adjusted EBIT reached 7.3 billion kronor, indicating market stabilization. However, demand concerns loom as telecom spending contracts. Analysts eye Nokia's upcoming report for industry insights.
08:07am, Tuesday, Sep 03, 2024
Nokia (NYSE: NOK) secures a major fibre network deal with AT&T (NYSE: T), aiming to enhance broadband access in the U.S. Despite a recent profit decline, CEO Pekka Lundmark forecasts a strong rebound, supported by a $42 billion government initiative.
04:48am, Thursday, Jul 18, 2024
Nokia (NYSE: NOK) reported a 32% drop in Q2 operating profit due to weak 5G equipment demand, with profits falling to €423M compared to €619M last year. CEO Pekka Lundmark remains cautiously optimistic for H2, maintaining the full-year outlook. Follow Nokia closely for potential recovery.