STOCKHOLM , May 2, 2024 /PRNewswire/ -- In accordance with the resolution by the Annual General Meeting 2024, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long
Zero-trust networks deployable, at scale, in as little as 6 minutes, addresses current industry void for simplified networking and security in dynamic environments Zero-trust networks deployable, at s
The integration of Ericsson's (ERIC) 5G network with Vonage's API platform and Singtel's Paragon platform is likely to aid developers in creating solutions to help enterprises overhaul their businesse
Partnership to drive rapid application development across multiple markets with network, edge and communications application programming interfaces (APIs) SINGAPORE–(BUSINESS WIRE)–Singtel today a
SINGAPORE--(BUSINESS WIRE)--Singtel today announced it is partnering with Vonage, a global leader in cloud communications and a part of Ericsson (NASDAQ: ERIC), to help enterprises and telcos innovate
Ericsson (NASDAQ: ERIC ) layoffs are a hot topic on Thursday as reports claim that the telecommunications giant is preparing to cut jobs. According to a company spokesperson, Ericsson is going to redu
PLANO, Texas , April 17, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Nex-Tech Wireless today announce a transformative 5-year network modernization initiative. This groundbreaking initiative unde
American depositary receipts (ADRs) of Ericsson (ERIC) rose Tuesday after the Swedish telecom company posted a much better-than-expected operating profit and predicted sales would be better in the sec
Ericsson (ERIC) reports a top-line contraction year over year in the first quarter of fiscal 2024 due to sluggish demand trends in the Networks vertical.
Tech stocks appeared poised to struggle for direction early Tuesday after a sharp selloff Monday.
Börje Ekholm, CEO of Ericsson, discusses first-quarter results and the outlook for the telecommunications industry.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q1 2024 Earnings Conference Call April 16, 2024 3:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - Presiden
Shares of Ericsson climbed on Tuesday after the Swedish telecom group reported a mixed set of results, with higher profit margins in the first quarter of 2024 helping offset a sharp drop in sales.

Ericsson reports first quarter results 2024

01:41am, Tuesday, 16'th Apr 2024
STOCKHOLM , April 16, 2024 /PRNewswire/ -- First quarter highlights – Driving gross margin improvements and cost efficiencies Sales declined organically[1] by -14% YoY, due to a -19% decline in Netw
Swedish telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted operating profit that beat expectations and said it expects sales to stabilize during the second half of the year
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