Ericsson shares rise as Q1 report reveals strong earnings, gross margin beat
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Ericsson (ERIC) Reports Q1 EPS of SEK0.77; offers outlook
April 16, 2024 3:37 AM EDTEricsson (NASDAQ: ERIC) reported Q1 EPS of SEK0.77. Revenue for the quarter came in at SEK53.3 billion.
OUTLOOK
The company expects sales to stabilize during the second half of the year, benefiting from recent contract wins and the normalization... More
