The Latest Breaking News from Telefonaktiebolaget LM Ericsson

The technology industry is growing rapidly owing to the rapid adoption of emerging technologies and increased enterprise spending on digitization. Amid this backdrop, it could be wise to invest in quality tech stocks Ericsson (ERIC), Pure Storage (PSTG), and Proto Labs (PRLB) this week for substantial gains. Continue reading.

Concerns over the Fed’s aggressive monetary tightening have led to the stock market witnessing a massive correction over the past couple of months. This has led to some quality stocks, Telefonaktiebolaget LM Ericsson (ERIC), Fujitsu Limited (FJTSY), and Mitsubishi Chemical Holdings (MTLHY), losing more than 25% year-to-date. Considering their discounted…

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) may have made payments to the ISIS terror organization to gain access to specific transport routes in Iraq, Bloomberg reports as per CEO Borje Ekholm’s statement to a newspaper Dagens Industri. Ericsson had identified “unusual expenses dating back to 2018” and was yet to determine the final recipient of…

The interest rate-sensitive Nasdaq Composite experienced a sell-off last month on concerns over the potential for several interest rate hikes this year. However, large-cap tech stocks VMware (VMW), Telefonaktiebolaget LM Ericsson (ERIC), Corning (GLW), Fair Isaac (FICO), and Citrix Systems (CTXS) dodged the market volatility and outperformed the index last…

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported a fourth-quarter FY21 sales growth of 3% year-on-year to SEK71.3 billion. Group organic sales grew by 2% Y/Y. Organic sales in Networks rose 3% Y/Y, and Digital Services sales were flat Y/Y. It reported an EPS of SEK 3.02 versus SEK 2.26 last year. The adjusted gross margin…

  Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported its Q4 earnings results on Tuesday, January 25, 2022 at 02:00 AM. Here's what investors need to know about the announcement.