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Shares of Ericsson (ERIC) popped more than 6% in Stockholm on Tuesday after the company reported better-than-expected earnings for the fiscal Q1 2024. The Swedish networking and telecommunications...
COPENHAGEN (Reuters) -Ericsson on Monday said it would lay off about 1,200 employees in Sweden as part of cost-cutting measures announced earlier this year as customers reduce their spending on 5G...
(Reuters) - Swedish telecoms equipment maker Ericsson (BS:ERICAs) said on Tuesday it appointed Lars Sandstrom as its new chief financial officer, replacing long-time company veteran Carl Mellander....
Swedish telecom giant Ericsson (BS:ERICAs)'s net sales in India for Q3 2023 have seen a more than threefold increase to approximately Rs 7,400 crore ($9.6 billion SEK), according to the company's...
As the market opened lower on Tuesday due to U.S retail sales data for September exceeding expectations, several companies released their earnings reports. Bank of America, Goldman Sachs, Johnson &...
Ericsson (BS:ERICAs)'s Third Quarter 2023 Results earnings call, led by CEO Borje Ekholm, revealed a Q3 performance that met expectations despite a soft top-line in North America. However, strong...
Swedish telecommunications giant Ericsson (BS:ERICAs) reported a net loss of SEK 30.67 billion ($2.81 billion) in Q3, a stark contrast to the profit of SEK 5.21 billion recorded in the same period...
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