MARKET COMPOSITE
ERIC - Telefonaktiebolaget L M Ericsson7:59:54 PM 4/24/2024
Price
$5.29
-0.08 (-1.40%)
Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for service providers. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment provides hardware, software, and related services for radio access and transport, as well as related services, such as design, tuning, network rollout, and customer support. The Digital Services segment offers products and services for operators in the areas of business support systems, operations support systems, cloud core, cloud communication, network functions virtualization, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to operators. The Emerging Business and Other segment consists of emerging businesses; iconectiv that offers software-based interconnection solutions; and Red Bee Media, which consists of technology enabled services to manage the play-out platform for broadcasters and content owners. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. The company was founded in 1876 and is headquartered in Stockholm, Sweden.
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    Zero-trust networks deployable, at scale, in as little as 6 minutes, addresses current industry void for simplified networking and security in dynamic environmentsBOISE, Idaho, April 24, 2024 (GLOBE NEWSWIRE) -- Cradlepoint, part of Ericsson, the global leader in cloud-delivered LTE and 5G wireless network and security solutions, today launched its single vendor Secure Access Service Edge (SASE) solution, NetCloud SASE. Designed to serve agile enterprises, NetCloud SASE integrates cellular-centr

    Ericsson Canada (NASDAQ: ERIC) is proud to celebrate Earth Day today by announcing that it has joined Environment and Climate Change Canada's Net-Zero Challenge program. The Net-Zero Challenge is an initiative that aims to encourage businesses operating in Canada to develop and implement credible and effective plans to transition their facilities and operations to net-zero emissions by 2050.

    SINGAPORE, April 19, 2024--Singtel today announced it is partnering with Vonage, a global leader in cloud communications and a part of Ericsson (NASDAQ: ERIC), to help enterprises and telcos innovate and scale their services and solutions through Singtel’s industry-leading one-stop orchestration platform, Paragon. By integrating Paragon’s advanced telco and edge APIs with Vonage's API platform, enterprises, telcos and developers will have access to a global ecosystem of rich communications, netw

    Finnish telecom gear maker Nokia reported a smaller-than-expected rise in quarterly profit on Thursday as sluggish demand for 5G gear in key markets North America and India continued to weigh on sales. "This will still be a weak year, for the mobile RAN (radio access network) market and we expect, as I said, it to gradually pick up during the year," CEO Pekka Lundmark told reporters.

    Ericsson (NASDAQ: ERIC) and Nex-Tech Wireless today announce a transformative 5-year network modernization initiative. This groundbreaking initiative underscores Nex-Tech Wireless's commitment to providing unparalleled connectivity solutions to communities across Kansas.

    Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Call Transcript April 16, 2024 Telefonaktiebolaget LM Ericsson (publ) isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Daniel Morris: Hello, everyone, and welcome to today’s presentation of Ericsson’s First Quarter 2024 Results. With […]

    Ericsson shares are trading higher after the Stockholm-based provider of telecommunications equipment posted mixed quarterly results, including some signs of stabilization in the company’s business. Telecom equipment companies have been hurt in recent quarters by excess inventories at the wireless carriers, particularly in North America. For the quarter, Ericsson posted sales of 53.3 billion Swedish krona (about $4.87 billion), down 15% from a year ago, off 26% sequentially, and slightly below...

    Ericsson (ERIC) reports a top-line contraction year over year in the first quarter of fiscal 2024 due to sluggish demand trends in the Networks vertical.

    First quarter highlights – Driving gross margin improvements and cost efficiencies

    (Reuters) -Ericsson said on Tuesday it expects sales to stabilise in the second half of 2024 amid signs some customers are looking to spend again, as the telecoms equipment maker beat first-quarter profit forecasts helped by a one-off gain. However, Ericsson also predicted the 5G Radio Access Network (RAN) market would keep falling at least through the end of the year. Telecoms equipment makers like Ericsson and rival Nokia have been hit by a drop in spending by customers on 5G equipment amid ...