Ericsson

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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. 

CEO
Erik Börje Ekholm
CEOErik Börje Ekholm
Employees
99,952
Employees99,952
Headquarters
Kista, Stockholm
HeadquartersKista, Stockholm
Founded
1876
Founded1876
Employees
99,952
Employees99,952

ERIC Key Statistics

Market cap
17.15B
Market cap17.15B
Price-Earnings ratio
6.55
Price-Earnings ratio6.55
Dividend yield
3.30%
Dividend yield3.30%
Average volume
25.76M
Average volume25.76M
High today
$5.14
High today$5.14
Low today
$5.03
Low today$5.03
Open price
$5.03
Open price$5.03
Volume
14.79M
Volume14.79M
52 Week high
$6.36
52 Week high$6.36
52 Week low
$4.33
52 Week low$4.33

ERIC News

Yahoo Finance 2d
Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss - Yahoo Finance

(Reuters) -Finnish telecom gear maker Nokia reported on Thursday a smaller-than-expected rise in quarterly profit as sales tumbled because operators bought less...

Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss - Yahoo Finance
TipRanks 2d
Ericsson price target lowered to SEK 48 from SEK 50 at Barclays

Barclays lowered the firm’s price target on Ericsson to SEK 48 from SEK 50 and keeps an Underweight rating on the shares. Published first on TheFly – the ultim...

Yahoo Finance 2d
Telefonaktiebolaget LM Ericsson (publ) Q1 2024 Earnings Call Transcript - Yahoo Finance

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Call Transcript April 16, 2024 Telefonaktiebolaget LM Ericsson (publ) isn't one of the 30...

Telefonaktiebolaget LM Ericsson (publ) Q1 2024 Earnings Call Transcript - Yahoo Finance

Analyst ratings

40%

of 25 ratings
Buy
40%
Hold
32%
Sell
28%

More ERIC News

Barron's 3d
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 st...

Ericsson Stock Edges Higher on Signs Telco Demand Will Stabilize Later This Year
Yahoo Finance 3d
Ericsson Q1 Earnings Beat Estimates, Top Line Falls Y/Y - Yahoo Finance

Ericsson ERIC reported mixed first-quarter 2024 results, wherein the bottom line surpassed the Zacks Consensus Estimate, but the top line missed the same. The c...

Ericsson Q1 Earnings Beat Estimates, Top Line Falls Y/Y - Yahoo Finance
Benzinga 3d
Why Ericsson Shares Are Higher Premarket Tuesday - Telefonaktiebolaget L M - Benzinga

Loading... Loading... Ericsson ERIC shares are trading higher after it reported first-quarter FY24 results. Sales declined 15% Y/Y to SEK53.3 billion. In USD,...

Why Ericsson Shares Are Higher Premarket Tuesday - Telefonaktiebolaget L M - Benzinga
Yahoo Finance 3d
Ericsson beats forecasts, eyes demand rebound - Yahoo Finance

STORY: Ericsson beat first-quarter profit forecasts. Operating profit excluding restructuring charges rose unexpectedly to about $394 million, despite a 15% sa...

Ericsson beats forecasts, eyes demand rebound - Yahoo Finance
Yahoo Finance 4d
Ericsson reports first quarter results 2024 - Yahoo Finance

STOCKHOLM, April 16, 2024 /PRNewswire/ -- First quarter highlights – Driving gross margin improvements and cost efficiencies Sales declined organically[1] by -...

Ericsson reports first quarter results 2024 - Yahoo Finance
CNBC 4d
Ericsson's Q1 profit grows unexpectedly, eyes stabilisation of sales in H2 - CNBC

Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of...

Ericsson's Q1 profit grows unexpectedly, eyes stabilisation of sales in H2 - CNBC
Yahoo Finance 4d
Ericsson Solution to Upgrade Swisscom's Mobile Network - Yahoo Finance

Ericsson ERIC recently announced that it has inked a new multi-year agreement with Switzerland’s leading telecommunications provider, Swisscom. Through the rece...

Ericsson Solution to Upgrade Swisscom's Mobile Network - Yahoo Finance
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