— 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
Box Inc (NYSE: BOX) Q1 2021 Earnings Call Transcript
Box Inc (BOX) Q1 2021 earnings call dated May 27, 2020 Corporate Participants: Alice Kousoum Lopatto -- Head of Investor Relations Aaron Levie -- Chief Executive Officer, Co-founder and Chairman Dylan Smith -- Chief Financial Officer
Southwest is looking northside as lockdown restrictions ease
When Warren Buffett dumped airline stocks suffering massive losses three weeks ago, he probably overlooked one key aspect about the industry – that no amount of restrictions will kill people’s
Alibaba (BABA) entering a new phase as China emerges from COVID crisis
Alibaba Group Holding Ltd (NYSE: BABA) is striving to regain strength after falling sharply last week, ahead of fourth-quarter earnings. The positive results failed to impress stakeholders as market sentiment