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About ERIC

Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Cloud Software, Services, Enterprise, and Other. The Networks segment supports all radio-access technologies and offers hardware, software and related services for both radio access and transport. The Cloud Software segment offers solutions for core networks, business and operational support systems, network design and optimization, and managed network services. The Other segment refers to the media business and other non-allocated business. Segment-level information has also been presented to Other. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.

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Latest ERIC news

Yesterday 10:57am ET Ericsson Q1 2024: Margin Growth Amid Sales Dip Yesterday 10:40am ET Analysts Have Conflicting Sentiments on These Technology Companies: Telefonaktiebolaget LM Ericsson (ERIC) and Corpay Inc (CPAY) Apr 16 7:05am ET Options Volatility and Implied Earnings Moves Today, April 16, 2024 Apr 16 5:27am ET Ericsson sees Q2 networks gross margin 42%-44% Apr 16 5:26am ET Ericsson reports Q1 EPS SEK 0.77 vs. SEK 0.45 last year Apr 15 7:00am ET Options Volatility and Implied Earnings Moves This Week, April 15 – April 19, 2024 Apr 12 4:31am ET Citi opens ‘negative catalyst watch’ on Ericsson into earnings Apr 04 6:58am ET Ericsson’s AGM Approves Dividend, Board Elections Mar 25 8:05am ET Ericsson announces headcount reduction of about 1,200 in Sweden Mar 20 12:27pm ET Ericsson Announces New Regional Head Appointment Feb 09 10:12am ET Nvidia in talks with Ericsson for wireless chip, Reuters reports Feb 08 9:33am ET Verizon, Vonage collaborate to bring advanced 5G network APIs to developers Feb 06 10:06am ET Verizon, Ericsson complete trial of advanced L4S capabilities Jan 31 4:50am ET Ericsson downgraded to Sell from Neutral at UBS Jan 26 5:17am ET Ericsson signs two funding agreements with EIB for EUR 420M Jan 24 3:18pm ET Ericsson price target lowered to SEK 50 from SEK 55 at Barclays Jan 24 5:27am ET Ericsson downgraded to Reduce from Hold at Kepler Cheuvreux Jan 24 5:24am ET Ericsson downgraded to Hold from Buy at SEB Equities Jan 23 5:26am ET Ericsson appoints Lars Sandstrom as CFO Jan 23 5:21am ET Ericsson says mobile network industry remains challenging Jan 23 5:20am ET Ericsson reports Q4 EPS SEK 1.02 vs. SEK 1.82 last year Jan 19 4:41am ET Ericsson downgraded to Underweight from Equal Weight at Barclays

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