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Ericsson Lm Telephone Co  (ERIC)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 
Price: $5.7400 $0.06 1.056%
Day's High: $5.786 Week Perf: 3.05 %
Day's Low: $ 5.73 30 Day Perf: 8.1 %
Volume (M): 12,269 52 Wk High: $ 6.36
Volume (M$): $ 70,425 52 Wk Avg: $5.29
Open: $5.75 52 Wk Low: $4.33



 Market Capitalization (Millions $) 19,114
 Shares Outstanding (Millions) 3,330
 Employees 101,332
 Revenues (TTM) (Millions $) 28,310
 Net Income (TTM) (Millions $) -2,806
 Cash Flow (TTM) (Millions $) 4,123
 Capital Exp. (TTM) (Millions $) 354

Ericsson Lm Telephone Co
Ericsson is a global leader in mobile connectivity solutions for telecom operators and corporate clients across several industries. Our portfolio includes Networks, Digital Services, Managed Services, Emerging Business, and Other, and is intended to assist companies in digitalizing, increasing efficiency, finding new income streams, and creating new user experiences.


   Company Address: Torshamnsgatan Stockholm 164
   Company Phone Number: 10 719 0000   Stock Exchange / Ticker: NASDAQ ERIC
   


Customers Net Income grew by ERIC's Customers Net Profit Margin grew to


13.08 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BKTI        13.45% 
FKWL        0.7% 
KVHI        0.43% 
MSI   -0.11%    
AVGO   -4.46%    
• View Complete Report
   



Ericsson Lm Telephone Co

Ericsson Lm Telephone Co. Faces Revenue Decrease in Fourth Quarter of 2023

Lower revenue in the fiscal fourth quarter of 2023 resulted in a deficit for Ericsson Lm Telephone Co. Revenue decreased by -3.018% to $28.31 billion, and the shortfall per share was at $-0.85 compared to $0.60 per share in the same period the previous year. In contrast, the average revenue for the Consumer Electronics industry increased by 3.31% from the fourth quarter of 2022 to the fourth quarter of 2023.
Looking at the recent numbers, Ericsson Lm Telephone Co reported a net shortfall of $-2,806.180 million for the fiscal fourth quarter of 2023, compared to a net income of $2,054.540 million in the same period the previous year. The company also reported a shortfall of $-2,806.18 million and revenue of $28.31 billion for the fiscal year 2023. Its earnings per share were at $-0.85, down from $0.60 in the previous fiscal year, while revenue decreased by -3.02% from $29.19 billion.

Product Service News

Vonage Empowers Businesses with Award-Winning Virtual Agent Platform and Advanced Network API Accessibility

Published Mon, Mar 4 2024 8:30 AM UTC

In this digital era, businesses striving for success need to effectively leverage cloud communications and embrace cutting-edge technologies. Vonage, a global leader in cloud communications and a part of Ericsson, has been making waves with its innovative solutions for businesses seeking to accelerate their digital transformation. Notably, the company recently clinched the B...

Market Compliance

Ericsson Sets the Stage for Future Growth with New Board Member and AGM Announcements

Published Wed, Feb 28 2024 7:07 AM UTC

Telefonaktiebolaget LM Ericsson Announces AGM Date and Nomination Committee Proposals
Stockholm, Feb. 28, 2024 - Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), a leading provider of communications and network infrastructure solutions, has announced that its Annual General Meeting (AGM) of shareholders will be held on Wednesday, April 3, 2024, at 1 pm. The company's Nomi...

Product Service News

Advances in 5G Technology and AI-Driven Solutions Uphold Customer Engagement

Published Tue, Feb 20 2024 3:00 PM UTC

In recent years, Cradlepoint, a leading provider of cloud-based communication solutions for businesses and a subsidiary of Ericsson, has received recognition for its groundbreaking advances in the field of 5G-optimized security capabilities and AI-driven cellular intelligence. These innovations have not only improved the performance and manageability of 5G networks but have...

Market Compliance

Ericsson Explores Share Transfer Mandate: Potential Impact on Company Shares

Published Fri, Feb 16 2024 8:05 AM UTC



In a recent press release, Ericsson announced its utilization of a mandate to transfer shares, as authorized during their annual general meeting in March 2023. This move has significant implications for the company's shares and potentially reflects its strategy to enhance market position and shareholder value. As of the writing of this article, Ericsson's share pri...






 

Ericsson Lm Telephone Co's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Ericsson Lm Telephone Co does not provide revenue guidance.

Earnings Outlook
Ericsson Lm Telephone Co does not provide earnings estimates.

 
Geographic Revenue Dispersion




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