Ericsson (ERIC)
| Market Cap | 38.85B |
| Revenue (ttm) | 28.34B |
| Net Income (ttm) | 2.13B |
| Shares Out | 3.33B |
| EPS (ttm) | -0.72 |
| PE Ratio | n/a |
| Forward PE | 17.73 |
| Dividend | $0.20 |
| Dividend Yield | 1.72% |
| Trading Day | July 23 |
| Last Price | $11.65 |
| Previous Close | $11.66 |
| Change ($) | -0.01 |
| Change (%) | -0.09% |
| Day's Open | 11.72 |
| Day's Range | 11.62 - 11.73 |
| Day's Volume | 5,408,423 |
| 52-Week Range | 10.13 - 15.18 |
The Swedish telecom company's revenue plunged in China during the second quarter.
STOCKHOLM, July 19, 2021 /PRNewswire/ -- Following a review of bids in the CP for 700MHz radio round of China's 5G network development, Ericsson has been awarded 2% market share. In line with earlier ma...
The telecommunications equipment provider reports disappointing second-quarter results.
Ericsson's (ERIC) second-quarter 2021 results reflect a sales decline in mainland China in the Networks and Digital Services segments.
Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.
Ericsson CEO: An open market between the East and West is beneficial to everyone
Börje Ekholm, CEO of Ericsson, discusses the Swedish networking and telecommunication company's second-quater results.
Shares of Telefonaktiebolaget L M Ericsson(NASDAQ:ERIC) fell 8.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 75.00% year over year to $0.14...
Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) inked a multi-year agreement worth $8.3 billion with Verizon Communications Inc (NYSE: VZ) to provide its 5G solutions to accelerate Verizon's deployment o...
STOCKHOLM, July 16, 2021 /PRNewswire/ -- Second quarter highlights Group organic sales grew by 8% YoY, despite a sales decline in Mainland China of SEK -2.5 b. YoY and an IPR revenue decline of SEK -0.5 b.
STOCKHOLM (Reuters) -Sweden's Ericsson on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in sales in mainlan...
Swedish telecoms gear maker Ericsson said on Friday it struck an $8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States.
KISTA, Sweden, July 16, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces a landmark multi-year agreement with Verizon to provide its industry-leading 5G solutions to accelerate the deploymen...
Ericsson (ERIC) partners with Telia (TLSNY) and Qualcomm (QCOM) to test a landmark 5G feature exhibiting lower signaling requirement during transition between a device's connected and inactive state.
Our Tuesday look at stocks reporting June quarter earnings included a big bank, the world's largest semiconductor maker, a health care giant, and a top regional bank: Morgan Stanley, TSMC, UnitedHealth,...
Ericsson's (ERIC) performance in the second quarter of 2021 is likely to have benefited from strong 5G momentum globally.
Ericsson (ERIC) solutions will enable Vodafone Spain to unlock the full potential of 5G as the latter embarks on a journey to provide 5G SA connectivity services throughout the country.
PLANO, Texas, July 8, 2021 /PRNewswire/ -- As we enter a new age for electronics powered by 5G and eventually 6G, MIT and Ericsson (NASDAQ: ERIC) are collaborating on two research projects that seek to ...
In the latest trading session, Ericsson (ERIC) closed at $13.04, marking a +0.77% move from the previous day.
- Report to be released at approximately 7:00 AM CEST on July 16, 2021 - One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, July 6, 2021 /PRNewswire/ -- Ericsson's...
Ericsson (ERIC) and Google Cloud are set to help firms in the automotive, manufacturing and other industries increase efficiency by bringing connectivity close to their locations.
Malaysia on Thursday said it has appointed Swedish telecommunications giant Ericsson as its partner to develop its 5G network and ecosystem.
Alphabet Inc's Google Cloud, and Telefonaktiebolaget LM Ericsson collaborated to develop 5G and edge cloud solutions.
The 5G SA call across 113 km was achieved using Ericsson's (ERIC) commercial 5G SA network software on Telstra's 850 MHz spectrum.
Ericsson (ERIC) unveils major enhancements to its 5G Cloud RAN portfolio, which involves providing support for mid-band and Massive MIMO deployments.
In the latest trading session, Ericsson (ERIC) closed at $12.69, marking a +1.04% move from the previous day.
Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) bagged 5G core equipment supply contracts from Vodafone Group PLC (NASDAQ: VOD) for its U.K. standalone network and 5G core network in Germany. The contrac...
Ericsson said on Thursday it had won contracts from Vodafone to supply 5G core equipment for its standalone network in the UK and 5G core network in Germany.
Sweden's Ericsson said on Wednesday the number of 5G subscriptions were expected to rise to 580 million by the end of 2021 from 220 million last year, and cross 3.5 billion by 2026.
KISTA, Sweden, June 16, 2021 /PRNewswire/ -- 5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day China, Nort...
KISTA, Sweden, June 15, 2021 /PRNewswire/ -- Economist Intelligence Unit (EIU) report - Connecting Learners: Narrowing the Educational Divide - highlights four key areas for multi-sector collaboration E...
In the latest trading session, Ericsson (ERIC) closed at $13.10, marking a -0.61% move from the previous day.
Ericsson (ERIC) closed the most recent trading day at $13.10, moving -0.46% from the previous trading session.
Ericsson (ERIC) partners with Orange's (ORAN) subsidiary, Orange Business Services, to manage the security of enterprises with the Threat Monitoring and Mitigation solution, an IoT security offering.
Ericsson's (ERIC) new offering can be scaled according to needs for more coverage and devices at a facility.
KISTA, Sweden, June 1, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has launched Ericsson Private 5G. It offers secure and simple 4G LTE and 5G Standalone (SA) connectivity primarily targeting - but not...
Their combined expertise will help Ericsson (ERIC) and Leonardo to grow in the mission-critical sector and deliver innovative products and services.
Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) estimates a 5G market share hit in China due to Sweden's exclusion of Chinese vendors from Sweden's 5G network launches, based on Ericsson's bond issue pr...
STOCKHOLM, May 24, 2021 /PRNewswire/ -- As previously disclosed by Ericsson (NASDAQ: ERIC) in its Q4 2020 financial report and in its 2020 annual report, there is a risk that the decision by the Post an...
Ericsson (ERIC) conducted the trial at the AstaZero test track in Sweden by deploying a 5G mobile radio network in two Volvo cars that enabled them to receive an HD map of the route ahead.
Three Ireland is likely to take advantage of Ericsson's (ERIC) ConsumerLab research and analytical data.
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...
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...
About ERIC
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...]
| Industry Communication Equipment | Founded 1876 |
| CEO E. Borje Ekholm | Employees 101,624 |
| Stock Exchange NASDAQ | Ticker Symbol ERIC |
Financial Performance
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%.
Analyst Forecasts
According to 9 analysts, the average rating for Ericsson stock is "Buy." The 12-month stock price forecast is 17.29, which is an increase of 48.41% from the latest price.