— Ericsson (NASDAQ: ERIC) reported Q4 2019 earnings of SEK1.33 per share compared to a loss of SEK1.99 per share in the prior-year period.
— Net income was SEK4.5 billion compared to a net loss of SEK6.5 billion last year.
— Sales grew 4% year-over-year to SEK66.4 billion.
— Reported sales in the Networks segment increased 7% year-over-year to SEK44.4 billion.
— Net sales in Digital Services inched up 1% to SEK13.2 billion.
— Sales in Managed Services rose 2% to SEK7 billion.
— Sales in Emerging Business and Other fell 24% to SEK1.7 billion.
— ERIC stock was down 8.3% in premarket hours on Friday.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on