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Market Cap 16.99B P/E 14.29 EPS this Y - Ern Qtrly Grth 68.80%
Income -25.4B Forward P/E - EPS next Y - 50D Avg Chg -4.00%
Sales 254.12B PEG - EPS past 5Y - 200D Avg Chg -11.00%
Dividend N/A Price/Book 1.54 EPS next 5Y - 52W High Chg -34.00%
Recommedations - Quick Ratio 0.94 Shares Outstanding 3.07B 52W Low Chg 1.00%
Insider Own 0.27% ROA 3.33% Shares Float 2.98B Beta 0.36
Inst Own 61.36% ROE -21.47% Shares Shorted/Prior -/- Price 5.00
Gross Margin 40.24% Profit Margin -10.00% Avg. Volume 49,991 Target Price -
Oper. Margin 4.54% Earnings Date Jul 12 Volume 5 Change 0.00%
About ERICSSON

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

ERICSSON News
08:51 AM Ericsson resolves on an acquisition offer for C shares for LTV I 2023
04/29/24 Ericsson chief says overregulation ‘driving Europe to irrelevance’
04/25/24 Ericsson and IIT Kanpur form strategic partnership to drive next-gen financial solutions innovations
04/24/24 Cradlepoint 5G-Optimized NetCloud SASE Secures Agile Enterprises
04/22/24 Ericsson joins Government of Canada initiative on the road to net-zero
04/19/24 Singtel Partners with Vonage to Accelerate Global Enterprise and Telco Innovation and Digital Transformation
04/18/24 UPDATE 4-Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss
04/17/24 Nex-Tech Wireless partners with Ericsson to Keep Kansans Connected with innovative technologies
04/17/24 Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Call Transcript
04/16/24 Ericsson Stock Edges Higher on Signs Telco Demand Will Stabilize Later This Year
04/16/24 Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y
04/16/24 Ericsson reports first quarter results 2024
04/16/24 Ericsson sees sales stabilising soon after Q1 profit beat
04/15/24 Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network
04/15/24 LVMH, L’Oreal Face China Pain: EMEA Earnings Week Ahead
04/14/24 Research: More than Half of Singapore’s Organisations Experienced 1-2 hours of Weekly Downtime Due to Fixed Line/ Fibre Network Failure Over the Last 12 months
04/11/24 Cradlepoint Research: Majority of Canadian Businesses’ Network Connectivity Is Good, but Downtime Continues to Impact Operations
04/11/24 Cradlepoint Survey Reveals Enterprises are More Confident Utilizing 5G to Expand into New Business Opportunities
04/10/24 LEAP Expands Global Customer Reach with Vonage SIP Trunking API
04/05/24 Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade