— 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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%