8.25 -0.02 (-0.24%)
Pre-market: 7:03AM EDT
|Bid||8.26 x 1000|
|Ask||8.28 x 3000|
|Day's range||8.17 - 8.39|
|52-week range||5.52 - 8.39|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.13 (1.64%)|
|1y target est||7.71|
Texas Instruments, United Continental and Ericsson are the Yahoo Finance charts of the day.
From earnings news to a surprise move from the world's greatest investor, see why shares of these three businesses soared.
Ericsson (ERIC) recently won a $700 million equipment contract from Italian mobile operator Wind Tre in an apparent blow to China’s ZTE. Wind Tre, which has more than 32 million subscribers, signed a multiyear wireless equipment supply deal with Ericsson, Bloomberg reported.
The Swedish telecom equipment veteran can't wait to get started on next-generation network upgrades around the world.
Ericsson's (ERIC) revenues fall in second-quarter 2018 primarily due to decline in legacy product sales and lower telecom core sales in North East Asia.
On a per-share basis, the Stockholm-based company said it had a loss of 7 cents. Losses, adjusted for restructuring costs and amortization costs, were 1 cent per share. The results did not meet Wall Street ...
In Borje Ekholm’s first year leading Ericsson AB, he asked investors for patience several times as the company struggled to reverse years of dwindling market share and strategic missteps. Ericsson’s stock surged as much as 11 percent on Wednesday after profitability improved at a quicker pace than analysts had estimated for the second straight quarter at the Swedish maker of wireless networks. After years of falling sales, the company’s networks unit saw an increase in revenue, driven by North America, where all major carriers are preparing for fifth-generation networks.
Ericsson (ERIC) has an expected market cap-to-revenue ratio of 1.17x for 2018 and 1.19x for 2019. The company’s EV-to-revenue (enterprise value-to-revenue) ratio is expected to be 1.11x in 2018 and 1.09x in 2019, while its EV-to-EBITDA ratio is expected to be 15.6x in 2018 and 11.6x in 2019.
Ericsson's (ERIC) revenues and margins in the Networks and IT & Cloud segments are likely to take a beating from adverse industry trends,affecting the bottom line in Q2.
Earlier in this series, we learned that Ericsson (ERIC) wants to expand its operating and gross margins over the next few years. Ericsson’s long-term ambition is to reach below 100 working capital days compared to the 105 days it had in 2017. With a focus on cost reductions as well as discipline toward capex and mergers and acquisitions, Ericsson aims to drive positive free cash flow.