Straits Times Index
3,176.51 -11.15 (-0.35%) Nikkei
37,068.35 -1,011.35 (-2.66%) Hang Seng
16,224.14 -161.73 (-0.99%) FTSE 100
7,895.85 +18.80 (+0.24%) Bitcoin USD
63,519.32 -50.18 (-0.08%) CMC Crypto 200
1,368.52 +55.90 (+4.27%)
Telefonaktiebolaget L M Ericsson (ERCB.BE)
| Previous close | 4.6730 |
| Open | 4.7530 |
| Bid | 4.8070 x 0 |
| Ask | 4.8310 x 0 |
| Day's range | 4.7530 - 4.7530 |
| 52-week range | 4.1160 - 5.7370 |
| Volume | |
| Avg. volume | 51 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
UPDATE 4-Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss
Finnish telecom gear maker Nokia reported a smaller-than-expected rise in quarterly profit on Thursday as sluggish demand for 5G gear in key markets North America and India continued to weigh on sales. "This will still be a weak year, for the mobile RAN (radio access network) market and we expect, as I said, it to gradually pick up during the year," CEO Pekka Lundmark told reporters.
- Insider Monkey
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Call Transcript
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Call Transcript April 16, 2024 Telefonaktiebolaget LM Ericsson (publ) isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Daniel Morris: Hello, everyone, and welcome to today’s presentation of Ericsson’s First Quarter 2024 Results. With […]
- Barrons.com
Ericsson Stock Edges Higher on Signs Telco Demand Will Stabilize Later This Year
Ericsson shares are trading higher after the Stockholm-based provider of telecommunications equipment posted mixed quarterly results, including some signs of stabilization in the company’s business. Telecom equipment companies have been hurt in recent quarters by excess inventories at the wireless carriers, particularly in North America. For the quarter, Ericsson posted sales of 53.3 billion Swedish krona (about $4.87 billion), down 15% from a year ago, off 26% sequentially, and slightly below consensus.
