|Net Income (ttm)||2.13B|
|Trading Day||May 14|
|Day's Range||13.11 - 13.28|
|52-Week Range||8.32 - 15.18|
Up almost 2x from its low in March 2020, at the current price of around $13 per share, we believe Ericsson stock has further upside potential. The stock has risen from $7 to $13 off its March 2020 botto...
Ericsson (ERIC) will pay settlement charges of 80 million euros as it aims to follow a zero-tolerance policy for corruption and build a culture of compliance.
Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) has reached a settlement agreement with Nokia Oyj (NYSE: NOK) on a 2019 U.S. DOJ and SEC investigation into Ericsson's violations of the U.S. Foreign Corr...
STOCKHOLM, May 12, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has reached an agreement with Nokia for settling a damages claim against Ericsson. The settlement relates to events that were the subject ...
Ericsson (ERIC) closed the most recent trading day at $13.90, moving +1.53% from the previous trading session.
Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) and Samsung Electronics Co Ltd (OTC: SSNLF) inked a multi-year agreement on global patent licenses, including patents relating to cellular technologies. T...
STOCKHOLM, May 7, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cell...
UScellular, Qualcomm, Ericsson, and Inseego Address Digital Divide with Multi-Gigabit Extended-Range 5G Milestone Ove...
SAN DIEGO--(BUSINESS WIRE)---- $ERIC #5G--UScellular, Qualcomm, Ericsson, and Inseego Address Digital Divide with Multi-Gigabit Extended-Range 5G Milestone Over mmWave
KISTA, Sweden, May 4, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) targets a USD 90 billion small and medium business (SMB) market in the US with a 5G-ready virtual workspace service designed to address...
Sweden's Ericsson on Tuesday unveiled a subscription service for remote working in North America that would allow employees of small businesses to start working from home in minutes with access to licen...
5G wireless technology is here, and it's going to be spectacular. But unlike the handful of hot 5G stocks that have dominated investor sentiment, the next big winner isn't in the network, it's in the en...
Ericsson Gaining Share in 5G as Profit Beats Estimates
Apr.21 -- Ericsson said it is continuing to gain market share in the latest generation of wireless technology as the company reported first-quarter results that were stronger than analysts expected. Bor...
Ericsson's (ERIC) first-quarter 2021 results reflect market share gains in Networks, with four of the five market areas showing double-digit growth.
Shares of Telefonaktiebolaget L M (NASDAQ:ERIC) moved higher by 2.4% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 71.43% over the past year...
STOCKHOLM, April 21, 2021 /PRNewswire/ -- First quarter highlights Sales adjusted for comparable units and currency grew by 10% YoY despite SEK -1.6 b. lower IPR licensing revenues YoY and four of the f...
Ericsson's (ERIC) earnings in the first quarter of 2021 are likely to have benefited from strong 5G momentum.
STOCKHOLM, April 19, 2021 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2022 has been appointed in accordance with the Instruction for the Nomination Commi...
In the latest trading session, Ericsson (ERIC) closed at $13.84, marking a +1.17% move from the previous day.
Ericsson (ERIC) partners with a New Zealand-based telco, 2degrees, to modernize the latter's core and RAN network on the back of innovative technologies.
Ericsson (ERIC) provides products and solutions from its Radio System portfolio and Cloud Core for the cloud-native services.
STOCKHOLM, April 12, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2021 will be published at approximately 7:00 AM CEST on April 21, 2021. The company will issue ...
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Ericsson (ERIC) introduces Open Lab to enable virtual collaboration among industry partners and service providers while bolstering the development of Cloud RAN technology, globally.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Is (ERIC) Outperforming Other Computer and Technology Stocks This Year?
KPN NV, the largest Dutch telecommuncations company, has filed a patent-infringement complaint against Ericsson in a district court in Texas, the Swedish telecom equipment maker said on Thursday.
Launched today, Ericsson Open Lab has a global focus on innovating virtualized 5G Radio Access Networks (RAN) technologies Ericsson Open Lab is a virtual and physical space for fast and interactive coll...
STOCKHOLM, March 30, 2021 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held on March 30, 2021. Due to the COVID-19 pandemic, the AGM 2021 was conduct...
The transition of the wireless industry to 5G is rapid and calls for investing in Skyworks (SWKS), Cambium Networks (CMBM), Ubiquiti (UI), Aviat Networks (AVNW) and Ericsson (ERIC)
STOCKHOLM, March 25, 2021 /PRNewswire/ -- On March 25, 2021, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commis...
Ericsson (ERIC) launches 5G Core Policy Studio that has been specifically designed to make network services smarter with centralized management of 5G core network policies.
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Ericsson (ERIC) intends to invest in strengthening its portfolio and expanding global footprint.
Ericsson (ERIC) partners with Telenet to streamline the existing network infrastructure with the deployment of 5G technology for seamless connectivity.
STOCKHOLM, March 15, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) USA 5G Smart Factory in Lewisville, Texas, has been recognized by the World Economic Forum as a global front runner in the Fourth Indu...
Mark Twain Communications Company selects Ericsson to upgrade network to 5G and deliver high-speed internet to Missouri
PLANO, Texas, March 10, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been selected by Mark Twain Communications Company (MTCC), a Fixed Wireless Access (FWA) provider, to upgrade its existing 4G ven...
Ericsson (ERIC) closed at $12.13 in the latest trading session, marking a +0.41% move from the prior day.
STOCKHOLM, March 5, 2021 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report 2020 is now available to download from the Ericsson web site: www.ericsson.com/en/investors/financial-reports/annual-re...
The deal is an extension of Ericsson's (ERIC) 5G partnership with Far EasTone Telecom, which includes the deployment of commercial 5G in July 2020.
STOCKHOLM, March 1, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) will host a digital event for shareholders on March 26 called "Ericsson shareholder dialogue 2021". The event will feature remarks from c...
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The product launches by Ericsson (ERIC) are likely to enable carriers harness the full potential of the mid-band spectrum as more airwaves will be made available in the near future.
Ericsson named a Leader in the 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communications Service P...
STOCKHOLM, Feb. 23, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been named a Leader in the 2021 Magic Quadrant for 5G Network Infrastructure for Communications Service Providers by independent IT r...
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers hardware, software, and related services for radio access and transport, as well as related services, such as design, tuning, network rollout, and customer support. The Digital Services segment provides products and services for o... [Read more...]
E. Borje Ekholm
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In 2020, Ericsson's revenue was 232.39 billion, an increase of 2.28% compared to the previous year's 227.22 billion. Earnings were 17.48 billion, an increase of 686.46%.
According to 9 analysts, the average rating for Ericsson stock is "Buy." The 12-month stock price forecast is 16.90, which is an increase of 27.45% from the latest price.