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Telefonaktiebolaget LM Ericsson B ADR (ERICN)

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89.00 +0.00    +0.00%
10/04 - Closed. Currency in MXN ( Disclaimer )
Type:  Equity
Market:  Mexico
ISIN:  US2948216088 
S/N:  294821608
  • Volume: 0
  • Bid/Ask: 83.00 / 89.00
  • Day's Range: 89.00 - 89.00
LM Ericsson B ADR 89.00 +0.00 +0.00%

NASDAQ:ERICN Financials

 
A brief overview of the NASDAQ:ERIC financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Telefonaktiebolaget LM Ericsson B ADR over time.

Telefonaktiebolaget LM Ericsson (publ) reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was SEK 53,325 million compared to SEK 62,553 million a year ago. Net income was SEK 2,559 million compared to SEK 1,516 million a year ago. Basic earnings per share from continuing operations was SEK 0.77 compared to SEK 0.46 a year ago. Diluted earnings per share from continuing operations was SEK 0.77 compared to SEK 0.45 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

ERICN Income Statement

Gross margin TTM 40.24%
Operating margin TTM 6.76%
Net Profit margin TTM -10%
Return on Investment TTM 8.5%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 53325 71881 64473 64444
Gross Profit 22780 29561 25276 24653
Operating Income 2419 8132 3856 2765
Net Income 2559 3394 -30670 -686

ERICN Balance Sheet

Quick Ratio MRQ 0.78
Current Ratio MRQ 1.22
LT Debt to Equity MRQ 29.94%
Total Debt to Equity MRQ 44.62%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 299523 297036 306349 343358
Total Liabilities 191884 199628 200914 211003
Total Equity 107639 97408 105435 132355

ERICN Cash Flow Statement

Cash Flow/Share TTM 2.16
Revenue/Share TTM 79.08
Operating Cash Flow  4.08%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 5075 14482 1402 -2882
Cash From Investing Activities -1341 -6807 -1863 -2413
Cash From Financing Activities -8497 3726 5120 -7069
Net Change in Cash -3342 8290 4569 -11802
* In Millions of SEK (except for per share items)
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ERIC Comments

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Nate Clute
RobinHoodJr Jul 28, 2023 9:20AM ET
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Analyst Price Target 6.30 as of 28 July
simon meso
simon meso Jul 28, 2023 9:20AM ET
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yup. seems like entry point around 3.5
Nate Clute
RobinHoodJr Jul 20, 2023 10:17AM ET
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Analyst Price Target 6.22 as of 20 July
Antoine Neaime
Antoine Neaime Jul 20, 2023 9:59AM ET
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Today will close at 5.2🚀🚀🚀
Nate Clute
RobinHoodJr Jul 19, 2023 9:14AM ET
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To the moon
Nate Clute
RobinHoodJr Jul 18, 2023 12:29PM ET
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ERIC P/E ratio is 14. P/E ratio of SP500 is 20
Nate Clute
RobinHoodJr Jul 18, 2023 12:40AM ET
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Near all time lows 2016
Nate Clute
RobinHoodJr Jul 17, 2023 12:51PM ET
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Fill the gap.
Nate Clute
RobinHoodJr Jul 14, 2023 1:51PM ET
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17 Billion dollar company losing 11% in stock value one day is over a billion in losses... based on good news(?).... oof!
Nate Clute
RobinHoodJr Jul 14, 2023 10:12AM ET
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Welcome to the Twilight Zone, where good news sinks a stock, and bad news floats it
Rafa Moya
Rafa Moya Jul 14, 2023 10:12AM ET
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opportunity??? I bought at 5,09. Maybe, I jump into the deep
Nate Clute
RobinHoodJr Jul 14, 2023 10:12AM ET
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Yeah I basically doubled down, contrary to what the experts say. I don't think the experts care about guys like us. I wonder is this actually being shorted or if maybe someone exercised calls to buy a bunch for cheap. Unfortunately volume doesnt show exactly what happened
Nate Clute
RobinHoodJr Jul 14, 2023 7:47AM ET
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Dropping on positive earnings news again, or at least in pre market.
 
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