— 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.
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