The Latest Breaking News from Telefonaktiebolaget LM Ericsson

With rising spending and growing adoption, the tech industry looks well-positioned for steady growth. Amid this backdrop, it could be wise to invest in fundamentally strong tech stocks, Telefonaktiebolaget LM Ericsson (ERIC), TaskUs (TASK), and Nortech Systems (NSYS), which look set for June breakouts. Continue reading.

The technology industry is growing rapidly owing to the rapid adoption of emerging technologies and increased enterprise spending on digitization. Amid this backdrop, it could be wise to invest in quality tech stocks Ericsson (ERIC), Pure Storage (PSTG), and Proto Labs (PRLB) this week for substantial gains. Continue reading.

Citi analyst Andrew Gardiner downgraded Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) to Neutral from Buy, calling the company "uninvestable." The re-rating followed the report of alleged "tens of millions of dollars in suspicious payments" by the telecom company to ISIS over nearly a decade to keep its business in Iraq. Related Content:…

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) may have made payments to the ISIS terror organization to gain access to specific transport routes in Iraq, Bloomberg reports as per CEO Borje Ekholm’s statement to a newspaper Dagens Industri. Ericsson had identified “unusual expenses dating back to 2018” and was yet to determine the final recipient of…

The interest rate-sensitive Nasdaq Composite experienced a sell-off last month on concerns over the potential for several interest rate hikes this year. However, large-cap tech stocks VMware (VMW), Telefonaktiebolaget LM Ericsson (ERIC), Corning (GLW), Fair Isaac (FICO), and Citrix Systems (CTXS) dodged the market volatility and outperformed the index last…

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported a fourth-quarter FY21 sales growth of 3% year-on-year to SEK71.3 billion. Group organic sales grew by 2% Y/Y. Organic sales in Networks rose 3% Y/Y, and Digital Services sales were flat Y/Y. It reported an EPS of SEK 3.02 versus SEK 2.26 last year. The adjusted gross margin…

  Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported its Q4 earnings results on Tuesday, January 25, 2022 at 02:00 AM. Here's what investors need to know about the announcement.