Ericsson Reports Fourth Quarter and Full Year Results 2017
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Ericsson (ERIC) Says One Equity Partners Will Be New Majority Owner in Media Solutions, Ericsson to Retain 49% of Shares
January 31, 2018 6:43 AM ESTEricsson (NASDAQ: ERIC) has concluded the review of strategic opportunities for its Media business Media Solutions and Red Bee Media which was initiated in conjunction with the announcement of the company's focused business strategy on March 28, 2017. In the review, Ericsson has evaluated different opportunities for both units, including partnerships, divestments, and a continued in-house development, based on what generates the best long-term value for Ericsson.
As a first step in assessing strategic opportunities, Ericsson has implemented substantial performance improvement programs while continuing to invest in the respective business. Both units have made significant... More
Ericsson (ERIC) Reports Q4 Revenue of SEK57.2B
January 31, 2018 6:40 AM ESTEricsson (NASDAQ: ERIC) reported Q4 EPS of (SEK1.19), versus SEK0.62 reported last year. Revenue for the quarter came in at SEK57.2 billion, versus SEK65.2 billion reported last year.
For earnings history and earnings-related data on Ericsson (ERIC) click here.
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