Ericsson (ERIC) Reports Q3 EPS of SEK1.34

Ericsson (NASDAQ: ERIC) reported Q3 EPS of SEK1.34, versus SEK1.11 reported last year. Revenue for the quarter came in at SEK59.2 billion, versus SEK57.6 billion reported last year.

• The mobile broadband business in North America remained stable QoQ, but at a lower level compared to the same period last year.
• Reported sales in Networks declined sequentially impacted by a slowdown of the 4G deployments in Mainland China.

For earnings history and earnings-related data on Ericsson (ERIC) click here.

You May Also Be Interested In

• NVIDIA stock gains as SemiAnalysis sees H2 data center revenue 20% above consensus
• Eversource completes $2.4B sale of Aquarion Water Company
• Summit Hotel Properties refinances $650M credit facility through 2031