Telefonaktiebolaget LM Ericsson American Depositary Shares (ERIC)
Ericsson to Boost Egypt's Network Infrastructure: Stock to Gain?
ERIC collaborates with e& Egypt to enhance ICT infrastructure in Egypt with the former's cutting-edge Antenna System.
Ericsson (ERIC) to Boost US-Sweden Connectivity With 6G Technology
Ericsson (ERIC) welcomes a joint statement by the U.S. and Swedish governments to advance next-generation connectivity technologies.
Ericsson (ERIC) Boosts New Zealand's Network With Advanced IMS
Ericsson (ERIC) completes deployment of its IP Multimedia Subsystem on the Red Hat OpenStack Platform in collaboration with Spark New Zealand.
Ericsson (ERIC) Set to Divest U.S. Subsidiary for Core Focus
Ericsson (ERIC) is set to divest its U.S. subsidiary, iconectiv, to optimize its portfolio and prioritize its core telecom equipment business.
Ericsson (ERIC) Completes 5G Cloud RAN Trial With Turkcell
Ericsson (ERIC) completes successful trial deployment of its cutting-edge 5G Cloud RAN technology on Turkcell's network.
Ericsson (ERIC) Boosts Rural Electric Cooperatives Connectivity
Ericsson (ERIC) collaborates with Anterix, Southern Linc and NRTC to deliver cutting-edge private network solutions to rural electric cooperatives in the United States.
Ericsson (ERIC) & OPPO Ink Multi-Year Cross License Agreement
Ericsson (ERIC) inks a multi-year global patent cross license agreement with OPPO to drive innovation and growth in cellular environments such as 5G technologies.
Ericsson (ERIC) to Deploy AI Energy Saving Solutions in Jordan
Ericsson (ERIC) is set to deploy cutting-edge artificial intelligence and machine learning solutions aimed at reducing energy consumption across Umniah's network operations in Jordan.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q2 2024 Earnings Call Transcript
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q2 2024 Earnings Conference Call July 12, 2024 4:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - President and Chief Executive Officer Lars Sandstrom - Senior Vice President, Chief Financial Officer Conference Call Participants Francois-Xavier Bouvignies - UBS Alexander Duval - Goldman Sachs Andreas Joelsson - Carnegie Andrew Gardiner - Citi Sandeep Deshpande - JPMorgan Joachim Gunell - DNB Markets Daniel Djurberg - Handelsbanken Erik Lindholm-Rojestal - SEB Sami Sarkamies - Danske Bank Joseph Zhou - Barclays Felix Henriksson - Nordea Markets Janardan Menon - Jefferies Richard Kramer - Arete Research Didier Scemama - Bank of America Daniel Morris Hello, everyone, and welcome to today's presentation of Ericsson's Second Quarter 2024 Results. Today, Borje Ekholm, our President and CEO, joins us by video, and Lars Sandstrom, Chief Financial Officer, is here in the studio with me.
Ericsson (ERIC) Q2 Earnings Miss Estimates, Top Line Falls
Ericsson (ERIC) reports a top-line decline year over year owing to demand softness in the Networks segment. Sales growth in North America is a tailwind.
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 America.
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 billion kronor forecast in an LSEG poll of analysts.
