ERIC-B.ST - Telefonaktiebolaget LM Ericsson (publ)

Stockholm - Stockholm Real Time Price. Currency in SEK
83.66
-1.28 (-1.51%)
At close: 5:29PM CEST
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Previous Close84.94
Open84.96
Bid83.62 x 0
Ask83.66 x 0
Day's Range83.34 - 85.22
52 Week Range49.04 - 85.22
Volume8,707,788
Avg. Volume7,750,111
Market Cap275.481B
Beta (3Y Monthly)0.97
PE Ratio (TTM)N/A
EPS (TTM)-8.34
Earnings DateN/A
Forward Dividend & Yield1.00 (1.28%)
Ex-Dividend Date2018-03-29
1y Target Est78.35
  • Thomson Reuters StreetEvents4 days ago

    Edited Transcript of ERIC B.ST earnings conference call or presentation 18-Oct-18 12:00pm GMT

    Q3 2018 Telefonaktiebolaget LM Ericsson Earnings Call

  • The Wall Street Journal4 days ago

    [$$] 5G Has Arrived. It’s Been A Long Wait for Ericsson, Nokia.

    Ericsson AB, the Swedish industry giant, reported its first profit in nine quarters, beating investor expectations and sending its shares sharply higher Thursday. Nokia Corp., which reports its third-quarter results next week, has also said that it expects 5G rollouts to help boost the telecom-equipment market in the second half of 2018. Ericsson and Nokia have been waiting a while for the long-expected 5G sales boost, and it is unclear how sustained it might be.

  • Reuters4 days ago

    European shares surrender to falling bank, tech stocks as Wall Street slides

    European shares swung back into the red on Thursday as fears of rising rates and disappointing earnings from U.S. industrials dragged Wall Street down, while HeidelbergCement's profit warning sank European ...

  • Reuters4 days ago

    Ericsson has dismissed 50 employees following U.S. corruption probe

    Mobile telecom gear maker Ericsson (ERICb.ST) said on Thursday that it has dismissed 50 people over a U.S. corruption probe it warned could lead to a financial penalty. The Swedish company has previously said that it initially received questions from U.S. authorities in March 2013 and that it has been cooperating with the U.S. Securities and Exchange Commission and the U.S. Department of Justice. "I'm trying to say that we have taken quite a lot of actions and done quite a lot of activities," Ericsson Chief Executive Borje Ekholm told a press conference, after the group reported stronger-than-expected third-quarter results.

  • Ericsson has dismissed 50 employees following U.S. corruption probe
    Reuters4 days ago

    Ericsson has dismissed 50 employees following U.S. corruption probe

    Mobile telecom gear maker Ericsson (ERICb.ST) said on Thursday that it has dismissed 50 people over a U.S. corruption probe it warned could lead to a financial penalty. The Swedish company has previously said that it initially received questions from U.S. authorities in March 2013 and that it has been cooperating with the U.S. Securities and Exchange Commission and the U.S. Department of Justice. "I'm trying to say that we have taken quite a lot of actions and done quite a lot of activities," Ericsson Chief Executive Borje Ekholm told a press conference, after the group reported stronger-than-expected third-quarter results.

  • Associated Press5 days ago

    Ericsson: 3Q Earnings Snapshot

    On a per-share basis, the Stockholm-based company said it had net income of 10 cents. Earnings, adjusted for non-recurring costs, were 12 cents per share. The telecommunications equipment provider posted ...

  • Ericsson CEO Scores Third Straight Quarterly Earnings Beat
    Bloomberg5 days ago

    Ericsson CEO Scores Third Straight Quarterly Earnings Beat

    Ericsson beat analysts’ expectations for sales, earnings and a closely-watched indicator of profit, the third straight surprise to the upside for Ekholm since he was appointed two years ago. “We see that we have good momentum in our product portfolio,” Chief Financial Officer Carl Mellander said in a phone interview. The results show Ekholm has hit his stride in righting the Swedish company after initially confronting a slump in customer demand for equipment and having to pay for expensive investments.

  • Financial Times5 days ago

    [$$] Ericsson’s 5G recovery overshadowed by US corruption probe

    , as investment in new 5G networks helped to return the Swedish telecoms equipment company to profit. Revenue rose 9 per cent year-on-year, excluding the impact of currency movements, to SKr54bn ($6bn) while pre-tax profit was SKr2.6bn, compared with a SKr4bn loss in the previous period. Borje Ekholm, chief executive, said it was the company’s first profit since 2016, which was significant for its recovery.

  • Ericsson tops Q3 forecasts as savings and 5G sales kick in
    Reuters5 days ago

    Ericsson tops Q3 forecasts as savings and 5G sales kick in

    Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress towards its long-term financial goals. Marking its third consecutive quarter of substantial progress towards its 2020 financial targets, the company reported net sales rose 9 percent to 53.8 billion Swedish crowns ($6 billion) thanks to strong growth in its networks business.

  • Reuters5 days ago

    Sweden's Ericsson Q3 sales, profits surge as savings kick in

    Mobile telecom equipment maker Ericsson on Thursday posted operating profits well above forecasts, boosted by rising sales for next-generation 5G gear in North America, and said it was making solid progress towards its long-term financial goals. Marking its third consecutive quarter of substantial progress toward hitting its 2020 financial goals, the company said its mainstay networks segment showed strong sales growth in North America, Europe and Latin America. Ericsson has responded to an industry-wide downturn and severe losses since 4G network sales peaked mid-decade with a new strategy to focus on profitability over growth, replacing most of its management and making sweeping cost cuts.

  • The Wall Street Journal5 days ago

    [$$] Ericsson Profit Smashes Forecasts

    Ericsson’s third-quarter net profit significantly beat estimates as the company continued to keep a tight rein on costs while seeing strong demand from operators racing to launch new fifth-generation networks....

  • Ericsson third-quarter sales beat expectations, operating profit jumps
    CNBC5 days ago

    Ericsson third-quarter sales beat expectations, operating profit jumps

    Mobile telecom equipment maker Ericsson reported stronger-than-expected third-quarter sales figures Thursday, boosted primarily by high activity levels in North America.

  • Financial Times5 days ago

    [$$] Ericsson: mast do better

    Consider mobile data. Major mobile operators talk glibly about how their data demand is exploding. Chief executive Borje Ekholm says the boom in data demand will require another capital spending cycle.

  • Ericsson (ERIC) to Report Q3 Earnings: What Lies Ahead?
    Zacks7 days ago

    Ericsson (ERIC) to Report Q3 Earnings: What Lies Ahead?

    Ericsson (ERIC) is intensifying its cost-streamlining efforts with focus on structural changes, which will likely boost the bottom line in third-quarter 2018.

  • Ericsson to Run 600 MHz Spectrum Trial with Local Carriers
    Zacks19 days ago

    Ericsson to Run 600 MHz Spectrum Trial with Local Carriers

    Ericsson's (ERIC) deployment of 600 MHz rural sites in the United States will make high-speed Internet available to consumers, communities and enterprises with enhanced wireless services.

  • Ericsson Extends Telstra's NB-IoT Connection in Australia
    Zacks25 days ago

    Ericsson Extends Telstra's NB-IoT Connection in Australia

    Ericsson (ERIC) has been driving the standardization of Low Power Wide Area technologies in 3GPP as a key contributor to cellular IoT technology.

  • Telecom Stock Roundup: Verizon 5G Internet Service, Ericsson-T-Mobile 5G Deal & More
    Zackslast month

    Telecom Stock Roundup: Verizon 5G Internet Service, Ericsson-T-Mobile 5G Deal & More

    Healthy job growth data exhibiting signs of a strengthening economy and optimism from a U.S. proposal to initiate trade talks with China fueled uptrend in telecom stocks.

  • Ericsson Inks $3.5B Deal With T-Mobile for 5G Deployment
    Zackslast month

    Ericsson Inks $3.5B Deal With T-Mobile for 5G Deployment

    Ericsson (ERIC) has collaborated with T-Mobile for the latter's accelerated 5G deployments in the United States.

  • Reuterslast month

    Ericsson inks $3.5 billion 5G deal with T-Mobile US

    Mobile telecom gear maker Ericsson said on Tuesday it had signed a $3.5 billion multi-year deal to support T-Mobile US' 5G network deployment, the biggest 5G order that Ericsson has announced. T-Mobile, the third biggest U.S. mobile carrier, said in February it was working with Ericsson and rival network vendor Nokia of Finland to build out 5G networks in 30 U.S. cities during 2018. Nokia announced in July that it had agreed on an equally big deal with T-Mobile US.

  • Ericsson inks $3.5 billion 5G deal with T-Mobile US
    Reuterslast month

    Ericsson inks $3.5 billion 5G deal with T-Mobile US

    Mobile telecom gear maker Ericsson said on Tuesday it had signed a $3.5 billion multi-year deal to support T-Mobile US' 5G network deployment, the biggest 5G order that Ericsson has announced. T-Mobile, ...

  • Ericsson and T-Mobile ink $3.5 billion deal for 5G
    TechCrunchlast month

    Ericsson and T-Mobile ink $3.5 billion deal for 5G

    Ericsson is going to be providing T-Mobile with its latest 5G new radio hardware and 3GPP for a cool $3.5 billion. As it moves from LTE Advanced networks to 5G, T-Mobile said it will use the Ericsson portfolio of products to expand its existing LTE capacity while readying the network for the 5G jump. Included in the deal are Ericsson's digital services like dynamic orchestration, business support systems, and Ericsson cloud core, which will be used to help T-Mobile roll out 5G services to its customers.

  • Ericsson Inks 5G IP Transport Network Deal With Swisscom
    Zackslast month

    Ericsson Inks 5G IP Transport Network Deal With Swisscom

    Leveraging Ericsson's (ERIC) Router 6000, Swisscom aims to provide end-to-end 5G transport network from radio base stations to the data center

  • Ericsson Seeks to Enhance Mobile Transport Solutions for 5G
    Zacks2 months ago

    Ericsson Seeks to Enhance Mobile Transport Solutions for 5G

    Ericsson (ERIC) is focusing on 5G system development and has undertaken many notable endeavors to position itself as a market leader in the technology.

  • The Wall Street Journal2 months ago

    [$$] Ericsson to Acquire CENX

    Ericsson is adding to its operations support systems portfolio with an agreement to acquire CENX and the firm’s closed-loop automation and service assurance capabilities.

  • Ericsson Aids Liberty Global to Optimize European Operations
    Zacks2 months ago

    Ericsson Aids Liberty Global to Optimize European Operations

    Ericsson (ERIC) has undertaken definite steps to consolidate Liberty Global's operations in six European countries, namely the U.K., Ireland, the Netherlands, Hungary, Poland and Germany.