Ericsson (ERIC) Reports Q4 Loss of SEK0.77/Share

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Go back to Ericsson (ERIC) Reports Q4 Loss of SEK0.77/Share

Ericsson Reports Fourth Quarter and Full Year Results 2018

January 25, 2019 1:50 AM EST

STOCKHOLM, Jan. 25, 2019 /PRNewswire/ --

Fourth quarter highlights

Sales as reported increased by 10% YoY and sales adjusted for comparable units and currency increased by 4%.Networks sales adjusted for comparable units and currency grew by 6% YoY. Digital Services sales adjusted for comparable units and currency grew by 5% YoY.Costs related to revised Business Support Systems (BSS) strategy of SEK -6.1 b., of which SEK -3.1 b. were restructuring charges, impacted Digital Services operating income in Q4.Gross margin was 25.7% (21.6%). Gross... More