UPDATE 2-Sweden's Ericsson shows its resilience in face of pandemic [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
Sweden's Ericsson shows its resilience in face of pandemic (Reuters) - Ericsson posted better than expected quarterly earnings on strong demand for 5G network equipment even as the coronavirus wreaked havoc, lifting the Swedish telecoms company’s shares 5% in early trade. Though the company also warned of sales weakness ahead, Wednesday’s results emphasized Ericsson’s ability to withstand pandemic-related pressures that have slammed the brakes on other industries globally, with the telecoms sector among the few to experience surging demand as more people work remotely. “There is near-term uncertainty around sales volumes due to COVID-19 and the macroeconomic situation, but with current visibility we have no reason to change our financial targets for 2020 and 2022,” Chief Executive Borje Ekholm said in a statement. Sequential sales growth in the second quarter will be lower than normal because of disruption to supply chains and the global economic slowdown, Ericsson said, adding that t
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High impacting Ericsson - American Depositary Shares each representing 1 underlying Class B share news events
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News
- Vonage Expands AWS Collaboration with the Launch of its Enterprise Solutions in AWS MarketplacePR Newswire
- Ericsson enters into strategic partnership with LotusFlare to accelerate adoption of network APIsPR Newswire
- Ericsson enters into strategic partnership with LotusFlare to accelerate adoption of network APIsPR Newswire
- Ericsson enters into strategic partnership with LotusFlare to accelerate adoption of network APIsPR Newswire
- 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
ERIC
Sec Filings
- 11/12/25 - Form 6-K
- 10/14/25 - Form 6-K
- ERIC's page on the SEC website