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 Close9.20
Open9.45
Bid9.40 x 2200
Ask9.41 x 3000
Day's Range9.36 - 9.45
52 Week Range5.84 - 9.45
Volume11,873,870
Avg. Volume4,572,570
Market Cap30.77B
Beta (3Y Monthly)0.91
PE Ratio (TTM)N/A
EPS (TTM)-0.94
Earnings DateN/A
Forward Dividend & Yield0.13 (1.37%)
Ex-Dividend Date2018-04-02
1y Target Est9.16
Trade prices are not sourced from all markets
  • 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.

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

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

  • Ericsson CEO Scores Third Straight Quarterly Earnings Beat
    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.

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

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

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

  • Ericsson to Run 600 MHz Spectrum Trial with Local Carriers
    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.

  • Ericsson, Agri-Valley Services and NewCore Wireless to trial 600 MHz spectrum
    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 ...

  • Ericsson Extends Telstra's NB-IoT Connection in Australia
    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 ...

  • Open-Air Smart Living Lab signs new agreements and conducts multiple ground-breaking projects
    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.