|Bid||54.22 x 0|
|Ask||54.26 x 0|
|Day's Range||54.04 - 54.96|
|52 Week Range||43.75 - 64.95|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.10 (1.75%)|
|1y Target Est||52.52|
Swedish telecom equipment maker Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC ) announced fourth-quarter results in late January, with most main metrics trailing estimates, Bank of America Merrill Lynch ...
Ericsson posted generally worse than expected Q4 2017 results on Wednesday, on account of lower LTE deployments in Mainland China and broader headwinds in the market for radio access network equipment. Below we provide some of the takeaways from the carrier’s results.
The Swedish telecommunications-equipment giant will retain a 49% stake in Ericsson Media Solutions, which provides software, hardware and services to television service platforms and other media outlets....
Ericsson (ERIC) posts huge fourth-quarter 2017 loss as the company struggles amid challenging market conditions and a major strategic shake-up.
Ericsson’s turnaround effort further took its toll, as the Swedish telecommunications-equipment giant said it cut 10,000 jobs in the fourth quarter and said two top executives would leave
Ericsson shares fell the most since July after its fifth consecutive quarterly loss and the conclusion of a strategic review for the troubled mobile telecoms equipment maker.
On a per-share basis, the Stockholm-based company said it had a loss of 68 cents. Losses, adjusted for amortization costs and restructuring costs, were 14 cents per share. The results fell short of Wall ...
Ericsson reported larger than expected losses for the fourth quarter on Wednesday and said it expected the Chinese market to continue to decline, dampening hopes of any short-term rebound for the struggling mobile equipment maker. The Swedish company has made sweeping cost cuts and replaced much of its top management to try to turn around its business, cutting 10,000 jobs from its workforce in the fourth quarter alone.
Ericsson (ERICb.ST) said on Wednesday it expected the Chinese market to continue to decline as it reported a bigger than expected loss in the fourth quarter, dampening hopes of any quick rebound for the struggling mobile telecom equipment maker. Ericsson has launched sweeping cost cuts and replaced much of its top management to try to turn around its business, cutting 10,000 jobs from its workforce in the fourth quarter alone.
Ericsson AB Chief Executive Officer Borje Ekholm can’t seem to catch a break, with his transformation plan showing signs of sputtering, a year in.
The top U.S. communications regulator, wireless companies and some lawmakers oppose an idea by members of President Donald Trump's national security team for the government to build a 5G wireless network to counter China spying on phone calls. The Trump administration has taken a harder line with China on policies initiated by predecessor President Barack Obama on issues ranging from Beijing's role in restraining North Korea to Chinese efforts to acquire U.S. strategic industries.
STOCKHOLM (Reuters) - Activist investor Cevian Capital has increased its stake in mobile telecom equipment maker Ericsson (ERICb.ST) to 9.06 percent of the outstanding B shares, a filing from the U.S. ...
Ericsson is scheduled to publish its Q4 2017 results on January 31. The company has come under pressure over the last few years, amid mounting competition from the likes of Huawei and Nokia as well as weaker infrastructure spending by wireless carriers
Ericsson's (ERIC) fourth-quarter 2017 results might be affected by adverse industry trends and drying-up investments by major telecom equipment makers.
Ericsson said it is writing down $1.77 billion in assets, the latest in a series of charges at the Swedish telecoms-equipment maker as it retools itself to better compete with nimbler Chinese manufacturers....
Swedish mobile network gear maker Ericsson (ERICb.ST) booked an impairment of 14.2 billion crowns ($1.8 billion) in the fourth quarter, related primarily to goodwill in its digital and media operations, hitting operating income but not cashflow. "The majority of goodwill originates from investments made 10 years ago or more, and has limited relevance for Ericsson's business going forward," Ericsson said in a statement. Once the world's biggest manufacturer of mobile network gear, Ericsson has been hit by competition from Huawei [HWT.UL] and Nokia (NOKIA.HE), while telecom operator spending has slumped ahead of the roll-out of next-generation 5G technology.
Today we’re going to take a look at the well-established Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC). The company’s stock saw a decent share price growth in the teens level on theRead More...
Some Dallas intersections will soon be equipped with technology to automatically notify 911 of accidents and allow dispatchers to watch live video of the scene before selecting the appropriate response, Ericsson’s Brenda Connor told the Dallas Business Journal. The city on Monday selected Ericsson (ERIC) to install a smart cities traffic management system that will allow for better sharing of data and video across city agencies, and eventually, across municipalities. It will also give the city the ability to analyze data in real-time and use the information to control traffic lights, school flashers and message signs.
Ericsson will help Switzerland’s Swisscom to modernize its network as part of the carrier’s preparation for the deployment of the more advanced 5G network technology.
Europe-based (EFA) telecom equipment vendor Ericsson (ERIC) is helping Entel prepare its network for 5G deployment.
Verizon (VZ) recently chose Ericsson (ERIC) to provide networking equipment for its pre-commercial trials of its 5G (fifth-generation) fixed-wireless service in the second half of 2018.