Telefonaktiebolaget LM Ericsson American Depositary Shares (ERIC)
Ericsson Stock Sinks on Warning US Tariffs Would Significantly Hurt Business
American depositary receipts (ADRs) of Ericsson (ERIC) sank 11% Friday when the telecom equipment maker missed profit estimates and warned that potential tariffs from the Trump administration could seriously impact its future results.
Ericsson Q4 Earnings Fall Short of Estimates, Revenues Rise Y/Y
ERIC records marginal y/y top-line growth, backed by healthy growth in the Networks segment. Weakness in the Cloud Software and Services segment acts as a headwind.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q4 2024 Earnings Call Transcript
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q4 2024 Earnings Conference Call January 24, 2025 3:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - President and Chief Executive Officer Lars Sandstrom - Senior Vice President and Chief Financial Officer Conference Call Participants Andrew Gardiner - Citi Francois-Xavier Bouvignies - UBS Simon Granath - ABG Sebastien Sztabowicz - Kepler Chevreux Daniel Djurberg - Handelsbanken Jakob Bluestone - BNP Paribas Exane Andreas Joelsson - Carnegie Sandeep Deshpande - JPMorgan Joachim Gunell - DnB Daniel Morris Hello, everyone, and welcome to the presentation of Ericsson's Fourth Quarter 2024 Results. With me here in the studio today are Borje Ekholm, our President and CEO; and Lars Sandstrom, our Chief Financial Officer.
Ericsson shares skid as enterprise trouble offsets AT&T boost
Ericsson shares slumped Friday as the telecom equipment maker missed on fourth-quarter profit due to its struggling enterprise division.
Ericsson ready to take advantage of Trump's tech policies, CTO says in Davos
Swedish telecom gear maker Ericsson expects the United States to continue to be at the forefront of technology development under President Donald Trump, which the company is ready to take advantage of, its chief technology officer said.
ERIC Boosts Three UK's Network With Advanced Solutions: Stock to Gain?
Ericsson's solutions are set to be used by Three UK to build the largest mobile packet core network in Europe.
Europe has adopted a regulatory-first approach, Ericsson CEO says
Ericsson CEO Borje Ekholm says Europe needs to follow America's lead when it comes to business regulation.
Will Healthy Revenue Growth Boost Ericsson's Q4 Earnings Results?
ERIC is expected to record a top-line expansion year over year in the fourth quarter of 2024, driven by healthy demand across several sectors and portfolio strength.
Will ERIC Stock Gain From the Expansion of Enterprise 5G Portfolio?
Ericsson launches next-generation virtual expert to simplify enterprise 5G network administration.
What's Happening With Ericsson's Stock?
Ericsson stock (NASDAQ: ERIC) has increased by about 34% in 2024, outperforming the broader indices. Ericsson reported third-quarter results that exceeded expectations, with sales totaling SEK 61.8 billion, representing a modest 1% year-over-year decline.
ERIC Shares Rise 29.1% in Six Months: Will This Uptrend Continue?
With a Zacks Rank #3, ERIC appears to be treading in the middle of the road, and investors could be better off if they trade with caution.
Will ERIC Stock Benefit From the Renewed Collaboration With Beyon?
Ericsson and Beyon renew their collaboration to expand joint sustainability initiatives and circular economy practices for building energy-efficient networks in Bahrain.
