|Bid||12.43 x 45100|
|Ask||12.44 x 28000|
|Day's Range||12.05 - 12.48|
|52 Week Range||6.15 - 12.48|
|Beta (5Y Monthly)||0.18|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.17 (1.53%)|
|Ex-Dividend Date||Oct 01, 2020|
|1y Target Est||12.52|
With me here today, I have our president and CEO, Börje Ekholm; and our CFO, Carl Mellander. It is very important for us and strategically important for us to be in China, and that's because that's a global powerhouse for innovation and technological change and driven by many great entrepreneurs.
Ericsson's (ERIC) third-quarter 2020 results reflect growth in 5G deployments in North-East Asia and North America.
Ericsson stock jumped more than 7% on Wednesday, as the Swedish telecoms company beat sales and profit expectations in the third quarter, helped by 5G contracts in China.