Telefonaktiebolaget LM Ericsson (publ) (ERIC)
After hours:
| Previous Close | 5.69 |
| Open | 5.70 |
| Bid | 5.72 x 2400 |
| Ask | 5.75 x 2400 |
| Day's Range | 5.64 - 5.74 |
| 52 Week Range | 4.33 - 6.36 |
| Volume | |
| Avg. Volume | 16,904,059 |
| Market Cap | 19.126B |
| Beta (5Y Monthly) | 0.36 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.25 (4.39%) |
| Ex-Dividend Date | Apr 04, 2024 |
| 1y Target Est | N/A |
- Reuters
Europe can't lag behind in 5G technology - German Chancellor Scholz
German Chancellor Olaf Scholz called on Monday for an expansion of the 5G mobile network in Europe at the Nordic summit on security and competitiveness in Stockholm. "We have to make it happen, that this progressive technology is the typical one very soon in Europe and that we are not falling behind other continents," Scholz said. He said that Europe should take advantage of having the "the most progressive technology companies in telecommunications in Europe," in a reference to Swedish company Ericsson and its Finnish competitor Nokia, "which are so successful not just in Europe but also globally."
- Reuters
UPDATE 4-Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss
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.
- Insider Monkey
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Call Transcript
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 […]
