Ericsson beats Q1 core profit estimates, defying virus outbreak [Reuters]
Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC)
Last ericsson - american depositary shares each representing 1 underlying class b share earnings: 4/22 01:48 am
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Source: Reuters
Ericsson beats first-quarter core profit estimates, defying virus outbreak (Reuters) - Sweden’s Ericsson on Wednesday reported quarterly core earnings ahead of market estimates, as demand for 5G network equipment stayed strong even as the coronavirus outbreak wreaked havoc in its main markets, China and the United States. The company’s first-quarter adjusted quarterly operating earnings fell to 4.6 billion Swedish crowns ($455.19 million)from a year earlier, but beat the mean forecast of 4.13 billion crowns, according to a Refinitiv poll of analysts. Total revenue for the telecom equipment maker, a rival of China’s Huawei Technologies Co Ltd and Finland’s Nokia , rose 2% to 49.8 billion crowns.
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News
- Vonage Expands AWS Collaboration with the Launch of its Enterprise Solutions in AWS MarketplacePR Newswire
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- Ericsson (NASDAQ:ERIC) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
ERIC
Earnings
- 10/14/25 - Beat
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Sec Filings
- 11/12/25 - Form 6-K
- 10/14/25 - Form 6-K
- ERIC's page on the SEC website