Ericsson Lm Telephone Co reported in the forth quarter of 2023 net loss per share of $-0.85 compare to earnings per share of $0.60 in the same quarter a year ago a decrease compare to $0.00 realized in previous quarter.
forth quarter of 2023
Earnings Per Share
Revenues
$ -0.85
$
28,310 Mill
$-1.45
$-881M-3.02 %
Ericsson Lm Telephone Co's Revenue
fell by
-3.02 % in forth quarter of 2023 (Dec 31 2023) year on year,
to $28,310 million and
advanced by
sequentially.
Ericsson Lm Telephone Co in the forth quarter of 2023 recorded net loss of $-2,806.180 million, compare to net income of $2,054.540 million achieved in IV. Quarter a year ago.
Sequentially
company realized a net loss, compared to net income of $0.000 million in the previous quarter.
Ericsson Lm Telephone Co Inventories ERIC's Cash flow
In the forth quarter of 2023 company's net cash flow was $4,123 million, capital expenditures grew by -481.2775-26.36%, to $-354 millions compare to same quarter a year ago
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 o...
