- ZDNet•3 hours ago
Ericsson technology will allow Telstra to offer virtualised, cloud-based broadcast media processing and distribution via micro services across its network.
- TheStreet.com•18 hours ago
Ericsson reported disappointing 1Q earnings Tuesday.
- Barrons.com•19 hours ago
Following a Q1 report this morning by telecom giant Ericsson (ERIC) that included disappointing revenue and a surprise net loss where a profit had been expected, chief financial officer Carl Mellander was kind enough to talk with me by phone for a few minutes. Ericsson shares are down 6 cents, or 0.9%, at $6.30. Mellander said the quarter had been "a challenging one,” though he noted that "looking at the underlying business, the interesting piece is that network is holding up pretty well,” referring to the main telecom networking equipment and software unit, which makes the bulk of the company’s revenue.
ERIC: Summary for Ericsson - Yahoo Finance
Telefonaktiebolaget LM Ericsson (publ) (ERIC)
NasdaqGS - NasdaqGS Real-time price. Currency in USD
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|Bid||6.27 x 38400|
|Ask||6.28 x 5000|
|Day's range||6.20 - 6.34|
|52-week range||4.83 - 8.31|
Trade prices are not sourced from all markets
|PE ratio (TTM)||107.76|
|Dividend & yield||0.11 (1.74%)|
|1y target est||N/A|