Telefonaktiebolaget LM Ericsson (publ) (ERIC)
NasdaqGS - NasdaqGS Real-time price. Currency in USD
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As of 09:59AM EDT. Market open.
| Previous close | 4.79 |
| Open | 5.11 |
| Bid | 5.00 x 500 |
| Ask | 5.07 x 500 |
| Day's range | 4.99 - 5.11 |
| 52-week range | 4.33 - 6.36 |
| Volume | |
| Avg. volume | 17,201,791 |
| Market cap | 17.491B |
| Beta (5Y monthly) | 0.36 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.73 |
| Earnings date | N/A |
| Forward dividend & yield | 0.25 (5.24%) |
| Ex-dividend date | 04 Apr 2024 |
| 1y target est | 4.76 |
PR NewswireEricsson reports first quarter results 2024
First quarter highlights – Driving gross margin improvements and cost efficiencies
ReutersEricsson sees sales stabilising soon after Q1 profit beat
(Reuters) -Ericsson said on Tuesday it expects sales to stabilise in the second half of 2024 amid signs some customers are looking to spend again, as the telecoms equipment maker beat first-quarter profit forecasts helped by a one-off gain. However, Ericsson also predicted the 5G Radio Access Network (RAN) market would keep falling at least through the end of the year. Telecoms equipment makers like Ericsson and rival Nokia have been hit by a drop in spending by customers on 5G equipment amid high interest rates and an uncertain economic outlook.
ZacksEricsson (ERIC) Solution to Upgrade Swisscom's Mobile Network
Swisscom selects Ericsson's (ERIC) comprehensive solution suite to modernize its mobile network infrastructure.
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