Ericsson (ERIC) Reports Q1 EPS of SEK0.80
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Ericsson Reports First Quarter Results 2019
April 17, 2019 1:46 AM EDTSTOCKHOLM, April 17, 2019 /PRNewswire/ -- First quarter highlights Â
Sales were SEK 48.9 (43.4) b. Sales adjusted for comparable units and currency increased by 7% driven by strong growth in North America. Reported sales grew by 13%.Gross margin was 38.4% (34.2%) driven by improvements in Networks and Managed Services.Operating income was SEK 4.9 (-0.3) b. and operating margin was 10.0% (-0.7%). Operating income, excluding restructuring charges of SEK -0.2 b. and certain positive non-recurrent items[1] of SEK 1.6 b. was SEK 3.5 b., which equals to an operating margin of... More