Telefonaktiebolaget LM Ericsson (publ) (HEL: ERIBR)

Finland flag Finland · Delayed Price · Currency is EUR
6.72
0.00 (0.00%)
Aug 30, 2024, 10:00 AM EET
41.13%
Market Cap 22.47B
Revenue (ttm) 21.97B
Net Income (ttm) -3.16B
Shares Out n/a
EPS (ttm) -0.95
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Oct 1, 2024
Volume 627
Open 6.73
Previous Close 6.72
Day's Range 6.72 - 6.73
52-Week Range 4.12 - 6.74
Beta 0.41
Analysts n/a
Price Target n/a
Earnings Date Oct 15, 2024

About ERIBR

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and so... [Read more]

Sector Technology
Founded 1876
Employees 99,519
Stock Exchange Nasdaq Helsinki
Ticker Symbol ERIBR
Full Company Profile

Financial Performance

Financial numbers in SEK Financial Statements

News

Telefonaktiebolaget LM Ericsson, Q2 FY2024 Financial Research Brief

Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "Telefonaktiebolaget LM Ericsson Q2 FY2024 Financial Research Brief" report from EJL Wireless Research has been added to ResearchAndMarkets.com's offering...

2 days ago - GlobeNewsWire

Nokia Shares Gain 20% in the Past 6 Months: Reason to Buy NOK Stock?

Buoyed by a holistic growth model, Nokia Corporation (NYSE: NOK) is currently trading at $4.22, close to its 52-week high of $4.225. The stock has gained 19.6% over the past six months compared with ...

3 days ago - Benzinga

Ericsson Boosts New Zealand's Network With Advanced IMS

Ericsson (NASDAQ: ERIC) has announced that it had successfully deployed its state-of-the-art IP Multimedia Subsystem ("IMS") on the Red Hat OpenStack Platform for Spark New Zealand Limited (OTC: SPKK...

8 days ago - Benzinga

Airtel, Jio & Vi have a request for Nokia & other global vendors

Bharti Airtel, Reliance Jio, and Vodafone Idea urged global equipment providers like Nokia, Ericsson, and Samsung to absorb a recent 5% increase in customs duty on printed circuit board assemblies. Th...

10 days ago - The Times of India

Ericsson Agrees To Divest Subsidiary iconectiv; Expects $1B In Cash Benefit

Ericsson (NASDAQ: ERIC) shares are trading higher today. On Friday, the company inked a binding agreement with Koch Equity Development LLC regarding the sale of iconectiv. iconectiv is a U.S. subsidi...

12 days ago - Benzinga

One Better-Than-Expected Quarter Doesn't Solve Ericsson's Problems

Ericsson posted better-than-expected Q2 results, with revenue declining 7% but beating expectations. Read why I'm neutral on ERIC stock.

14 days ago - Seeking Alpha

One Better-Than-Expected Quarter Doesn't Solve Ericsson's Problems

Ericsson posted better-than-expected Q2 results, with revenue declining 7% but beating expectations. Read why I'm neutral on ERIC stock.

14 days ago - Seeking Alpha

Koch Equity Development Signs Agreement to Acquire Telecommunications Solutions Leader iconectiv

Demonstrates KED's strategic focus on telecommunications software and data services WICHITA, Kan. , Aug. 16, 2024 /PRNewswire/ -- Koch Equity Development LLC ("KED"), the principal investment and acqu...

15 days ago - PRNewsWire

Ericsson announces sale of iconectiv

iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange services The divestment will allow iconectiv to continue its growth ...

15 days ago - PRNewsWire

Ericsson, NRTC, Southern Linc and Anterix ink landmark agreements to deliver connectivity for rural electric cooperatives across the U.S.

PLANO, Texas , Aug. 6, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced a landmark collaboration with NRTC, Southern Linc, and Anterix (NASDAQ: ATEX) to deliver cutting-edge private networ...

25 days ago - PRNewsWire

Ericsson, UScellular to upgrade 5G network infrastructure in rural U.S.

Ericsson partners with UScellular to enhance 5G network services in rural America through infrastructure upgrades and new router technology.

26 days ago - Seeking Alpha

Ericsson, UScellular to upgrade 5G network infrastructure in rural U.S.

Ericsson partners with UScellular to enhance 5G network services in rural America through infrastructure upgrades and new router technology.

26 days ago - Seeking Alpha

UScellular leverages latest Ericsson router technology to elevate 5G infrastructure in rural America

Ericsson and UScellular are collaborating to enhance 5G transport infrastructure and reliable 5G networks in rural communities across the U.S. Local economies will receive a boost by the enablement of...

26 days ago - PRNewsWire

GTT Honored by Cradlepoint, part of Ericsson, as Managed Service Provider Partner of the Year

Recognized for outstanding performance and year-over-year growth ARLINGTON, Va. — GTT Communications Inc., a leading global provider of secure cloud networking solutions for multinational organization...

4 weeks ago - Financial Post

GTT Honored by Cradlepoint, part of Ericsson, as Managed Service Provider Partner of the Year

ARLINGTON, Va.--(BUSINESS WIRE)-- #GTT--GTT Communications Inc., a leading global provider of secure cloud networking solutions for multinational organizations, announced that Cradlepoint, part of Eri...

4 weeks ago - Business Wire

Vonage Launches Intelligent SIP Capabilities

HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has announced the laun...

5 weeks ago - Business Wire

Ericsson and OPPO sign global patent cross license agreement

Multi-year global cross license covering cellular technology, including 5G Royalty payments from OPPO to Ericsson Business cooperation on 5G related projects such as device testing and customer engage...

6 weeks ago - PRNewsWire

Ericsson Gets a Lift From North American Demand

American depositary receipts (ADRs) of Ericsson (ERIC) rose to their highest level in almost two years Friday after the telecom equipment manufacturer posted stronger-than-expected sales in North Amer...

7 weeks ago - Investopedia

Ericsson shares jump 6% as sales fall less than expected, North America returns to growth

Ericsson shares rose 8% Friday to their highest level since September 2022. Net sales fell 7% year-on-year to 59.8 billion Swedish kronor ($5.68 billion) in the second quarter, better than the 58.3 bi...

7 weeks ago - CNBC

Ericsson reports second quarter results 2024

STOCKHOLM , July 12, 2024 /PRNewswire/ -- Strategic highlights – taking proactive action in a challenging market environment  Delivering on network technology leadership strategy; externally recognize...

7 weeks ago - PRNewsWire

Ericsson posts $1bn quarterly loss on Vonage write down

Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications opera...

7 weeks ago - TechXplore

Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment

Ericsson beat profit and sales forecasts on Friday after a demand pick-up in North America raised hopes of a recovery from broader market weakness, sending its shares to their highest since October 20...

7 weeks ago - Reuters

Ericsson shares fall after another $1 billion Vonage impairment charge

Telecom equipment maker Ericsson has recorded another billion-dollar impairment charge for its acquisition of cloud communications firm Vonage in 2021, sending its shares down 2% in early trade.

2 months ago - Reuters

Ericsson announces non-cash impairment charge mainly relating to Vonage

Non-cash impairment of SEK 11.4 billion to be recorded in the second quarter 2024, relating to the impairment of intangibles mainly attributed to the Vonage acquisition Reflects lower anticipated mark...

2 months ago - PRNewsWire

Ericsson to record $1.1 billion impairment charge related to Vonage acquisition

Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, related to its acqui...

2 months ago - Reuters