ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.48
-0.44 (-4.93%)
At close: 4:00PM EST
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Previous Close8.92
Open8.69
Bid0.00 x 1200
Ask0.00 x 1100
Day's Range8.48 - 8.73
52 Week Range6.00 - 9.45
Volume7,569,009
Avg. Volume6,272,704
Market Cap27.487B
Beta (3Y Monthly)0.96
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.13 (1.40%)
Ex-Dividend Date2018-04-02
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters13 hours ago

    BMW, Vodafone, Ericsson urge EU to consider 5G car standard

    BMW (BMWG.DE), Vodafone (VOD.L) and Ericsson (ERICb.ST) made a last-ditch effort on Wednesday to persuade the European Commission to open the way for the use of 5G technology in cars, concerned about the EU executive's preference for a wifi-based technology being pursued by their rivals. The companies said it was crucial for the industry to have the freedom to adopt a range of technologies for internet-connected cars in a sector estimated to be worth billions of euros a year. "It's concerning that just two years later the principle of technological neutrality appears to be no longer adhered to by the European Commission," they said in a joint statement.

  • Ericsson doesn't see sales lift after security concerns hit Chinese rivals
    Reuters14 hours ago

    Ericsson doesn't see sales lift after security concerns hit Chinese rivals

    Telecom networks equipment maker Ericsson (ERICb.ST) said on Wednesday security concerns about its Chinese rivals and wider trade tensions had not translated into more orders for the Swedish firm's products. Chief Executive Borje Ekholm also said his firm was investing in new technology for 5G networks to help boost its market share, particularly in China. There is a lot of discussion about geopolitics," he said at the Morgan Stanley Technology, Media and Telecom conference in Barcelona.

  • Is Ericsson (ERIC) Stock Outpacing Its Computer and Technology Peers This Year?
    Zacks18 hours ago

    Is Ericsson (ERIC) Stock Outpacing Its Computer and Technology Peers This Year?

    Is (ERIC) Outperforming Other Computer and Technology Stocks This Year?

  • Ericsson to Help Telenor Transform to 5G in Key Markets
    Zacks18 hours ago

    Ericsson to Help Telenor Transform to 5G in Key Markets

    Per the Network Function Virtualization contract, Telenor will deploy Ericsson (ERIC) Cloud Core solutions for 5G across multiple data centers in designated locations.

  • The Zacks Analyst Blog Highlights: LM Ericsson, Nokia, Comtech Telecommunications, Juniper Networks and Ubiquiti Networks
    Zacks7 days ago

    The Zacks Analyst Blog Highlights: LM Ericsson, Nokia, Comtech Telecommunications, Juniper Networks and Ubiquiti Networks

    The Zacks Analyst Blog Highlights: LM Ericsson, Nokia, Comtech Telecommunications, Juniper Networks and Ubiquiti Networks

  • Reuters7 days ago

    Ericsson raises 2020 sales target as recovery gains pace

    The mobile telecom equipment maker now aims for net sales of 210-220 billion Swedish crowns ($23.3-24.4 billion), up from earlier guidance of 190-200 billion. After years of crisis, the Swedish firm has seen a tentative recovery this year, leaving several analysts expecting an upgrade to its sales forecast at its capital markets day. Ericsson, whose pummeled stock has risen 50 percent this year as its restructuring begins to pay off, is due to hold presentations for investors and analysts in New York on Thursday.

  • The Wall Street Journal27 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.

  • Ericsson peeling off standalone media solutions business to be based in North Texas
    American City Business Journals28 days ago

    Ericsson peeling off standalone media solutions business to be based in North Texas

    The Dallas area is about to get a new standalone technology company from Ericsson. The telecom gear giant is sending off its media business on an independent path. The new company will have roughly 1,700 employees, including about 100 in North Texas, where it will be headquartered.

  • Reuters28 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
    Reuters28 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 Press28 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
    Bloomberg28 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.

  • Ericsson tops Q3 forecasts as savings and 5G sales kick in
    Reuters28 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.

  • Reuters28 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.

  • Ericsson third-quarter sales beat expectations, operating profit jumps
    CNBC28 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.

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

    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
    Zackslast month

    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
    Zacks2 months 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
    Zacks2 months ago

    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
    Zacks2 months ago

    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.

  • Reuters2 months ago

    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
    Reuters2 months ago

    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
    TechCrunch2 months ago

    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.