Ericsson sees signs of demand recovery after Q3 beat, shares up
Sweden's Ericsson said on Tuesday the telecom equipment market is showing signs of improvement after reporting third-quarter core earnings and sales above expectations, helped by a rebound in demand for 5G gear in North America.
Ericsson Turns To Q3 Profit, Sees Signs Of Stabilizing Market; Stock Climbs
Shares of LM Ericsson were gaining more than 8 percent in the early morning trading in Stockholm as well as in pre-market activity on
After demand for 5G gear, Ericsson sees signs of demand recovery after Q3
Net sales declined by 4% to 61.8 billion Swedish crowns ($5.92 billion) but beat estimates of 61.6 billion. They were down 1 per cent on an underlying basis
Ericsson sees signs of stabilising market as it beats forecasts
Sweden's Ericsson on Tuesday said the telecom equipment market is showing signs of improvement after reporting core earnings and sales above expectations, helped by a rebound in demand for 5G gear in North America.
Ericsson Turns To Profit In Q3, But Sales Drop - Quick Facts
Swedish telecom major LM Ericsson (ERIC) reported Tuesday that its third-quarter net income was 3.88 billion Swedish kronor, compared
Swedish telecom giant Ericsson posts Q3 lower sales but higher profit
Ericsson, the major Swedish telecom company, said on Tuesday that its net income in the third quarter was 3.88 billion Swedish kronor ($371.5 million), compared to last year's net loss of 30.49 billion kronor.
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