ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
7.94
+0.11 (+1.40%)
At close: 4:00PM EDT

8.06 +0.12 (1.51%)
Pre-Market: 4:16AM EDT

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Previous Close7.83
Open7.89
Bid8.08 x 1000
Ask8.09 x 1800
Day's Range7.86 - 7.96
52 Week Range5.52 - 8.39
Volume2,425,906
Avg. Volume4,354,818
Market Cap26.624B
Beta0.91
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.13 (1.64%)
Ex-Dividend Date2018-04-02
1y Target EstN/A
Trade prices are not sourced from all markets
  • Ericsson to Modernize Hi3G's Transport Network in Denmark
    Zacks5 days ago

    Ericsson to Modernize Hi3G's Transport Network in Denmark

    Ericsson's (ERIC) partnership with Hi3G is aimed at preparing the latter's network for future 5G requirements while supporting the significant rise in the number of connected devices on the network.

  • Ericsson (ERIC) to Recruit 300 Staff in the United States
    Zacks8 days ago

    Ericsson (ERIC) to Recruit 300 Staff in the United States

    Ericsson (ERIC) aims to cater to the increasing demand for next-generation 5G equipment through the new recruitment plans.

  • Ericsson to add 300 U.S. jobs as 5G demand picks up
    Reuters11 days ago

    Ericsson to add 300 U.S. jobs as 5G demand picks up

    Mobile telecom equipment maker Ericsson said on Friday it would add around 300 jobs in the United States to meet rising demand for next-generation 5G equipment. It said it is aiming to employ engineers and artificial intelligence specialists. It doesn't mean we are cutting (staff) somewhere else to do this," Chief Executive Borje Ekholm told Reuters.

  • Ericsson to add 300 U.S. jobs as 5G demand picks up
    Reuters11 days ago

    Ericsson to add 300 U.S. jobs as 5G demand picks up

    Mobile telecom equipment maker Ericsson (ERICb.ST) said on Friday it would add around 300 jobs in the United States to meet rising demand for next-generation 5G equipment. It doesn't mean we are cutting (staff) somewhere else to do this," Chief Executive Borje Ekholm told Reuters. Many investors expect the Swedish company to benefit from a new cycle of network upgrades as demand for 5G gear kicks in later this year or early in 2019, starting in the United States.

  • Financial Times11 days ago

    [$$] Ericsson to hire 380 staff and boost R&D in US expansion

    US mobile phone companies are increasing their investment in 5G networks, which require new equipment supplied by the likes of Ericsson. T-Mobile has already signed a $3.5bn 5G investment deal with Nokia.

  • MarketWatch11 days ago

    Ericsson to increase 5G and AI investments in U.S., employing over 280 people

    Sweden-based network infrastructure company Telefon AB L.M. Ericsson (eric) is ramping up its investment in the U.S. to support the buildout of 5G and artificial intelligence initiatives. The company expects 5G subscriptions will reach 150 million in North America by the end of 2023, accounting for 48% of all mobile subscriptions. Ericsson opened a design center in Austin, Tex. in late 2017, which will have 80 employees when fully staffed, and plans to open a new software development center employing more than 200 engineers this year.

  • MarketWatch12 days ago

    Nokia's credit rating rises out of junk territory at Fitch

    MARKET PULSE Nokia Corp.'s (nok) credit rating was upgraded to BBB- from BB+ at Fitch Ratings, effectively lifting the Finland-based network infrastructure giant's credit out of junk territory.

  • How Ericsson's Garcia Gomez is helping the Swedish giant with AT&T
    American City Business Journals14 days ago

    How Ericsson's Garcia Gomez is helping the Swedish giant with AT&T

    Tech Titans, the largest technology trade association in Texas, has announced its 2018 finalists for the Tech Titans Awards. The Dallas Business Journal is profiling the finalists ahead of the Tech Titans Awards Gala, which will be held on Friday, Aug. 24 at Renaissance Dallas at Plano Legacy West. The reception kicks the event off at 5:30, with the awards portion of the program beginning at 7 p.m. For more information and to purchase tickets, click here.  Ericsson’s Javier Garcia Gomez doesn’t just help manage any customer at the telecommunications-technology giant.

  • Reuters15 days ago

    Reliance Communications, Sweden's Ericsson reach $80 million settlement

    (Reuters) - Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale of its wireless assets to Reliance Jio after it agreed to pay 5.5 ...

  • India's RCom, Sweden's Ericsson reach $80 million settlement
    Reuters15 days ago

    India's RCom, Sweden's Ericsson reach $80 million settlement

    In May, India's bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service dues, potentially derailing the company's 250 billion rupee plan to sell assets to Reliance Jio. Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network, and sought 11.55 billion rupees ($171.16 million) from the company and two of its subsidiaries.

  • Nokia's profit expected to drop ahead of 5G fillip
    Reuters27 days ago

    Nokia's profit expected to drop ahead of 5G fillip

    Telecom network equipment maker Nokia (NOKIA.HE) is expected to post another plunge in quarterly profits on Thursday ahead of an anticipated boost later this year from next-generation 5G networks. The industry has struggled since demand for the current generation of 4G mobile equipment peaked in 2015, but the Finnish company has forecast 5G roll-outs will start later this year in the United States, followed in 2019 by renewed buying cycles in Japan and South Korea. "This should be the last weak quarter of this network market cycle," said Mikael Rautanen, an analyst at research firm Inderes, who has a "buy" rating on the stock.

  • Reuters27 days ago

    Nokia's profit expected to drop ahead of 5G fillip

    Telecom network equipment maker Nokia (NOKIA.HE) is expected to post another plunge in quarterly profits on Thursday ahead of an anticipated boost later this year from next-generation 5G networks. The industry has struggled since demand for the current generation of 4G mobile equipment peaked in 2015, but the Finnish company has forecast 5G roll-outs will start later this year in the United States, followed in 2019 by renewed buying cycles in Japan and South Korea. "This should be the last weak quarter of this network market cycle," said Mikael Rautanen, an analyst at research firm Inderes, who has a "buy" rating on the stock.

  • InvestorPlace28 days ago

    Ericsson Stock Is Heading to at Least $10/Share

    Ericsson (NASDAQ:ERIC) has been in a funk for many years. By 2002, ERIC stock fell to as low as $2, as investors left the telecom equipment sector for dead. In 2003, ERIC stock bounced back from its low, hitting $8 that fall.

  • Why W.W. Grainger, Ericcson, and Berkshire Hathaway Jumped Today
    Motley Foollast month

    Why W.W. Grainger, Ericcson, and Berkshire Hathaway Jumped Today

    From earnings news to a surprise move from the world's greatest investor, see why shares of these three businesses soared.

  • How ZTE Woes Created an Opening for Ericsson
    Market Realistlast month

    How ZTE Woes Created an Opening for Ericsson

    Ericsson (ERIC) recently won a $700 million equipment contract from Italian mobile operator Wind Tre in an apparent blow to China’s ZTE. Wind Tre, which has more than 32 million subscribers, signed a multiyear wireless equipment supply deal with Ericsson, Bloomberg reported.

  • Telefonaktiebolaget LM Ericsson Is Primed to Pounce on 5G Wireless Upgrades
    Motley Foollast month

    Telefonaktiebolaget LM Ericsson Is Primed to Pounce on 5G Wireless Upgrades

    The Swedish telecom equipment veteran can't wait to get started on next-generation network upgrades around the world.

  • Reuterslast month

    Ericsson swings to profit as savings kick in; shares jump

    Mobile telecom equipment maker Ericsson unexpectedly swung to a modest operating profit in the second quarter, boosted by growing sales in North America and said it was increasingly confident of meeting its longer-term targets. The Swedish mobile telecom gear maker has met an industry-wide downturn and mounting losses by sweeping cost cuts, clearing out most of its top management and setting a strategy to focus on profitability over growth. It had been in the red since the third quarter of 2016 and its return to profit sent its shares up 10 percent by 0816 GMT.

  • Texas Instruments shares drop, United Continental shares fly high, Ericsson shares surge
    Yahoo Financelast month

    Texas Instruments shares drop, United Continental shares fly high, Ericsson shares surge

    Texas Instruments, United Continental and Ericsson are the Yahoo Finance charts of the day.

  • Texas Instruments CEO resigns, Ericsson soars, Novartis delays price hikes
    Yahoo Financelast month

    Texas Instruments CEO resigns, Ericsson soars, Novartis delays price hikes

    Texas Instruments, Ericsson, Novartis, Marriott and Uber are the companies to watch.

  • Ericsson (ERIC) Q2 Earnings Miss Estimates, Revenues Beat
    Zackslast month

    Ericsson (ERIC) Q2 Earnings Miss Estimates, Revenues Beat

    Ericsson's (ERIC) revenues fall in second-quarter 2018 primarily due to decline in legacy product sales and lower telecom core sales in North East Asia.

  • CNBClast month

    Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more

    Morgan Stanley reported second quarter profit of $1.30 per share , beating the consensus estimate of $1.11 a share. Revenue beat forecasts, as Morgan Stanley reported strong investment banking and wealth-management results. Morgan Stanley also raised its quarterly dividend to 30 cents per share from 25 cents a share.

  • Tech lifts European shares as currency weakens; autos up
    Reuterslast month

    Tech lifts European shares as currency weakens; autos up

    European shares hit a one-month high on Wednesday supported by currency weakness and a rally in tech stocks following well-received earning updates and a record close for the Nasdaq. The upbeat remarks from Powell, who will continue his testimony to Congress on Wednesday, lifted the dollar, which in turn helped shares in Europe's export-oriented sectors rise. "Another bullish update with Powell once again talking up the strength of the US economy could see the dollar extend its gains from Tuesday's session," said Jasper Lawler, head of research at London Capital Group.

  • Associated Presslast month

    Ericsson: 2Q Earnings Snapshot

    On a per-share basis, the Stockholm-based company said it had a loss of 7 cents. Losses, adjusted for restructuring costs and amortization costs, were 1 cent per share. The results did not meet Wall Street ...

  • Texas Instruments CEO resigns, Ericsson soars over Q2, Novartis delay price hikes
    Yahoo Finance Videolast month

    Texas Instruments CEO resigns, Ericsson soars over Q2, Novartis delay price hikes

    Texas Instruments, Ericsson, Novartis, Marriott and Uber are the companies to watch.

  • Yahoo Finance Live: Market Movers - Jul 18th, 2018
    Yahoo Finance Videolast month

    Yahoo Finance Live: Market Movers - Jul 18th, 2018

    Yahoo Finance's LIVE stock market coverage and analysis.