Venture Global Inc. logo

Venture Global Inc. (VG)

Market Closed
14 Sep, 20:00
NYSE NYSE
$
15. 27
-0.53
-3.3544%
$
37.34B Market Cap
- P/E Ratio
0.06% Div Yield
19.98M Volume
- Eps
$ 15.8
Previous Close
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Day Range
15.19 16.3
Year Range
5.72 17.62
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Ericsson posts $1bn quarterly loss on Vonage write down

Ericsson posts $1bn quarterly loss on Vonage write down

Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.

Techxplore | 2 years ago
Ericsson shares fall after another $1 billion Vonage impairment charge

Ericsson shares fall after another $1 billion Vonage impairment charge

Telecom equipment maker Ericsson has recorded another billion-dollar impairment charge for its acquisition of cloud communications firm Vonage in 2021, sending its shares down 2% in early trade.

Reuters | 2 years ago
Ericsson to record $1.1 billion impairment charge related to Vonage acquisition

Ericsson to record $1.1 billion impairment charge related to Vonage acquisition

Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, related to its acquisition of Vonage.

Reuters | 2 years ago