By Dominic Chopping

Ericsson quarterly earnings miss expectations

01:25am, Friday, 20'th Jan 2023
Sweden's Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets such as the United Sta
Shortly after Wednesday's opening bell, the Dow Jones industrials traded up 0.16%, the S&P 500 was up 0.32% and the Nasdaq was 0.63% higher.
Ericsson CEO Börje Ekholm says that, despite big headline numbers in the EU's Covid recovery package, the 150 billion euros earmarked for 5G investment isn't going where it should.

Ericsson (ERIC) Soars 5.5%: Is Further Upside Left in the Stock?

10:52am, Friday, 13'th Jan 2023 Zacks Investment Research
Ericsson (ERIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in t
Ericsson (ERIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in t

Why Ericsson Stock Is Gaining Today

02:08pm, Thursday, 12'th Jan 2023 Benzinga
Ericsson (NASDAQ: ERIC) shared its readiness to make a provision of SEK 2.3 billion ($220 million) about a possible resolution with the U.S. Department of Justice (DOJ) regarding non-criminal, allege
The U.S.-listed shares of Ericsson ERIC, -0.99% ERIC.B, +7.07% surged 7.2% toward a one-month high in premarket trading Thursday, after the Sweden-based communications services company said it will re
Ericsson on Wednesday announced a 800 million crown ($76 million) fourth-quarter charge linked to dropping some contracts and products at its loss-making Cloud Software and Services business.
Ericsson stock (NASDAQ: ERIC) is down 9.2% in the past two weeks (ten trading days), performing much worse than the S&P 500, which was down 4% over this period.
When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure could steadily cripple the country's mobile networks over the long-term, setting off a deterioration i

Ericsson (ERIC) Spins Off Customer Support Business in Russia

12:33pm, Friday, 16'th Dec 2022 Zacks Investment Research
Ericsson (ERIC) is following an orderly exit in Russia and is winding down its operations in the wake of economic sanctions against the Putin regime.
Ericsson (ERIC) is following an orderly exit in Russia and is winding down its operations in the wake of economic sanctions against the Putin regime.
Swedish telecom equipment maker Ericsson said on Thursday it would reach the lower end of its long-term target of a profit (EBITA) margin of 15-18% by 2024 as several of its more profitable markets sh
Swedish telecom equipment maker Ericsson said on Thursday it had divested a customer support operation in Russia.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE