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Ericsson Stock Soars
Ericsson Stock Soars as North American Sales Drive Strong Earnings
Key Takeaways A jump in North American sales helped Ericsson's third-quarter earnings and revenue beat analysts' estimates.The Swedish telecom said North American sales were up 51% from a year ago on recent contract wins and investments by some large customers.
Ericsson beats estimates as North America returns to growth
ERICSSON earnings beat analysts’ expectations in the third quarter, as the Swedish telecom equipment returned to growth in the US. Read more at The Business Times.
Ericsson upbeat as strong 5G demand drives North American market back to growth
Ericsson has returned to growth in its North American market. The vendor, which signed a lucrative five-year contract worth $14 billion to build AT&T's Open RAN network in the US last year, said sales were up 55 percent year-on-year during the third quarter.
22h
on MSN
Ericsson Stock Surges. How AT&T Is Helping the Telecoms Equipment Supplier.
Ericsson said its North America networks unit’s sales rose 80% in the third quarter. It attributed the gain to winning ...
21h
Ericsson posts stronger-than-expected third quarter
Ericsson posted stronger-than-expected third-quarter results on Tuesday, driven by a major contract with AT&T and solid ...
1d
Ericsson sees signs of stabilising market as it beats forecasts
Sweden's Ericsson on Tuesday said the telecom equipment market is showing signs of improvement after reporting core earnings ...
15h
Ericsson stock hits two-year high on upbeat Q3 earnings results
Shares of Ericsson (ERIC) have hit a two-year high after the company reported upbeat third quarter results and saw sales in ...
1d
on MSN
After demand for 5G gear, Ericsson sees signs of demand recovery after Q3
Net sales declined by 4% to 61.8 billion Swedish crowns ($5.92 billion) but beat estimates of 61.6 billion. They were down 1 ...
Impacts
1d
Ericsson Receives New 5G Contract
India’s Bharti Airtel has awarded the Swedish telecom equipment manufacturer Ericsson a new, multi-billion dollar contract to ...
1d
Ericsson sees signs of upturn as 5G helps it beat forecasts
STORY: Ericsson reported earnings and sales above expectations on Tuesday (October 15).The Swedish telecoms gear maker said ...
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