Previous close | 4.8800 |
Open | 4.9100 |
Bid | 4.9200 x 6800 |
Ask | 4.9700 x 6100 |
Day's range | 4.8500 - 4.9800 |
52-week range | 4.3300 - 6.3600 |
Volume | |
Avg. volume | 18,158,087 |
Market cap | 16.719B |
Beta (5Y monthly) | 0.36 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.7300 |
Earnings date | N/A |
Forward dividend & yield | 0.25 (5.07%) |
Ex-dividend date | 04 Apr 2024 |
1y target est | 4.63 |
Finnish telecom gear maker Nokia reported on Thursday a smaller-than-expected rise in quarterly profit as sales tumbled because operators bought less 5G technology, but said it expected a sales pick-up this year. A fall in demand for 5G equipment in North America, the largest market for Nokia and rival Ericsson, and market share losses in China have forced both to temper expectations and lay off thousands of employees to shed costs. The Finnish group posted a first-quarter operating profit, excluding certain items of income and expenses, and helped by cost cuts, of 597 million euros, up from a year-earlier 479 million, as constant-currency sales fell 19%.
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 […]