ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

9.42

+0.22 (+2.39%)

As of 1:38PM EDT. Market open.

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Previous Close	9.20
Open	9.45
Bid	9.40 x 2200
Ask	9.41 x 3000
Day's Range	9.36 - 9.45
52 Week Range	5.84 - 9.45
Volume	11,873,870
Avg. Volume	4,572,570

Market Cap	30.77B
Beta (3Y Monthly)	0.91
PE Ratio (TTM)	N/A
EPS (TTM)	-0.94
Earnings Date	N/A
Forward Dividend & Yield	0.13 (1.37%)
Ex-Dividend Date	2018-04-02
1y Target Est	9.16

Trade prices are not sourced from all markets

All

News

Press Releases

The Wall Street Journal18 hours 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.
American City Business Journals23 hours 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.
Reutersyesterday
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.
Reutersyesterday
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.
PR Newswireyesterday
Ericsson Reports Third Quarter Results 2018
STOCKHOLM , Oct. 18, 2018 /PRNewswire/ -- Third quarter highlights Sales as reported increased YoY by 9% and sales adjusted for comparable units and currency increased by 1%. Segment Networks showed ...
Associated Pressyesterday
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 ...
PR Newswireyesterday
Ericsson Reports Third Quarter Results 2018
STOCKHOLM , October 18, 2018 /PRNewswire/ -- Third quarter highlights Sales as reported increased YoY by 9% and sales adjusted for comparable units and currency increased by 1%. Segment Networks showed ...
Bloombergyesterday
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.
Reutersyesterday
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.
Reutersyesterday
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.
CNBCyesterday
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.
Zacks4 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.
PR Newswire8 days ago
Invitation to Media and Analyst Briefings for Ericsson Q3 2018 Report
STOCKHOLM , Oct. 11, 2018 /PRNewswire/ -- Report to be released at approximately 07:30 CEST on October 18, 2018 Press briefing at Ericsson Studio with live video webcast starts at 09:00 CEST Conference ...
PR Newswire10 days ago
Invitation to Media and Analyst Briefings for Ericsson Q3 2018 Report
STOCKHOLM , Oct. 9, 2018 /PRNewswire/ -- Report to be released at approximately 07:30 CEST on October 18, 2018 Press briefing at Ericsson Studio with live video webcast starts at 09:00 CEST Conference ...
PR Newswire10 days ago
Invitation to Media and Analyst Briefings for Ericsson Q3 2018 Report
STOCKHOLM , Oct. 9, 2018 /PRNewswire/ -- Report to be released at approximately 07:30 CEST on October 18, 2018 Press briefing at Ericsson Studio with live video webcast starts at 09:00 CEST Conference ...
Zacks16 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.
PR Newswire17 days ago
Ericsson, Agri-Valley Services and NewCore Wireless to trial 600 MHz spectrum
- Trial to be conducted in Caro, Michigan in fourth quarter of 2018 - First 600 MHz spectrum trials with regional carriers PLANO, Texas , Oct. 2, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC), Agri-Valley ...
Zacks22 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.
PR Newswire23 days ago
Ericsson and Telstra Complete Ground-breaking Long-range NB-IoT Connection
WASHINGTON , Sept. 27 . 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Telstra have successfully deployed and tested Narrowband Internet of Things (NB-IoT) data connections up to 100km from a base-station ...
CNW Group23 days ago
Open-Air Smart Living Lab signs new agreements and conducts multiple ground-breaking projects
MONTRÉAL, Sept. 26, 2018 /CNW Telbec/ - The Open-Air Laboratory for Smart Living, founded in 2016 by Videotron, Ericsson, the École de technologie supérieure and the Quartier de l'innovation (QI), is making giant strides. Three new partners – Québec-based K2 Geospatial, tech giant IBM, and the ENCQOR consortium – have signed on and a series of trailblazing projects are currently underway in the Laboratory's unique ecosystem. After laying the foundations for its optimized connectivity infrastructures, the Lab, located in the heart of the QI, passed a new milestone earlier this year when it was recognized by the Québec government as a Centre of Excellence for Next-Generation Evolved Network and Internet of Things.
GlobeNewswire23 days ago
Research Report Identifies The Carlyle Group, China Biologic Products, Ericsson, Dover, GasLog Partners LP, and Spectra Energy Partners, LP with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
PR Newswire25 days ago
Ericsson secures CBRS certification from FCC
- Ericsson receives FCC CBRS Certification for indoor and outdoor radio products - Ericsson's CBRS product portfolio delivers the most flexible and high-powered solutions in the industry - CBRS creates ...
PR Newswirelast month
MediaKind Shows Momentum at IBC 2018, Ericsson Expects to Close Divestment of Majority Stake Around Year End
On January 31, 2018, Ericsson (ERIC) communicated that the company had partnered with One Equity Partners, which would become the majority owner of Ericsson's Media Solutions business, in a transaction expected to close in Q3 2018. The carve-out of MediaKind from Ericsson's global structure to create a new company, jointly owned with One Equity Partners, is proceeding with great diligence.
PR Newswirelast month
MediaKind Shows Momentum at IBC 2018, Ericsson Expects to Close Divestment of Majority Stake Around Year End
On January 31, 2018, Ericsson (ERIC) communicated that the company had partnered with One Equity Partners, which would become the majority owner of Ericsson's Media Solutions business, in a transaction expected to close in Q3 2018. The carve-out of MediaKind from Ericsson's global structure to create a new company, jointly owned with One Equity Partners, is proceeding with great diligence.
PR Newswirelast month
MediaKind Shows Momentum at IBC 2018, Ericsson Expects to Close Divestment of Majority Stake Around Year End
On January 31, 2018, Ericsson (ERIC) communicated that the company had partnered with One Equity Partners, which would become the majority owner of Ericsson's Media Solutions business, in a transaction expected to close in Q3 2018. The carve-out of MediaKind from Ericsson's global structure to create a new company, jointly owned with One Equity Partners, is proceeding with great diligence.