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Telefonaktiebolaget LM Ericsson (publ) (ERIC)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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8.05+0.21 (+2.68%)
At close: 04:00PM EDT
7.93 -0.12 (-1.49%)
Pre-market: 06:40AM EDT
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Trade prices are not sourced from all markets
Previous close7.84
Bid0.00 x 21500
Ask0.00 x 36200
Day's range7.94 - 8.05
52-week range7.30 - 13.72
Avg. volume11,162,370
Market cap27.191B
Beta (5Y monthly)0.10
PE ratio (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.25 (3.23%)
Ex-dividend date30 Mar 2022
1y target estN/A
  • Reuters

    Ericsson to reshuffle operations, two execs to depart

    STOCKHOLM (Reuters) -Ericsson on Wednesday laid out plans to restructure its operations to focus on business customers and mobile infrastructure, announcing two senior executives will leave the company. Chief Executive Borje Ekholm said the move was aimed at boosting performance rather than cutting costs, and said it was too early to say whether there would be job losses. Ericsson, which competes with Nokia and Huawei for telecom equipment sales, had a rough start to the year that eroded its share price and fuelled an outcry from shareholders.

  • Reuters

    Swedish prosecutor opens preliminary investigation into alleged Ericsson bribes in Iraq - TT news agency

    STOCKHOLM (Reuters) -Swedish prosecutors have opened a preliminary investigation in to alleged bribes paid by telecom giant Ericsson in Iraq, Swedish news agency TT said on Wednesday, quoting the prosecutor Leif Gorts as saying. "Yes, I can confirm that, but I can not go into more detail about what it concerns as it has just begun," Gorts told TT. Ericsson and the prosecutor could not be immediately reached by Reuters for comment.

  • Motley Fool

    Why Ericsson's Shares Lost Signal Today

    The telecom equipment maker's first-quarter results were not impressive, and investors are also nervous about a potentially major legal issue.