Headquartered in Torshamnsgatan 21, Stockholm Fiscal year ends December NASDAQ: ERIC ericsson.com
Telefonaktiebolaget LM Ericsson is a Swedish multinational telecommunications equipment and services company that provides infrastructure, software, and services to mobile network operators and enterprises worldwide. The company operates through three main segments: Networks (providing radio access network equipment, transport, and site solutions for 4G and 5G deployments), Cloud Software and Services (offering core network software, managed services, and cloud-native solutions for telecom operators), and Enterprise (encompassing the Global Communications Platform — including CPaaS and network API-powered solutions — as well as Enterprise Wireless Solutions and dedicated networks). Ericsson also generates significant intellectual property licensing revenues from its extensive patent portfolio in mobile communications standards. The company serves customers across more than 180 countries, with the United States representing approximately 39% of quarterly sales. Ericsson employs approximately 87,500 people and is listed on Nasdaq Stockholm and as ADRs on NASDAQ in New York. Updated
Ericsson reports before the open with consensus at $0.14 a share on $55.32 billion in revenue, and the guidance is the real read on whether global 5G and telecom infrastructure budgets are still opening up. Three beats in the last four quarters, but last quarter landed in line, so the margin story needs a fresh proof point.
Ericsson is handing shareholders about $474 million in cash today, roughly 16 cents a share, the largest payment on the board.
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Telefonaktiebolaget LM Ericsson is a Swedish multinational telecommunications equipment and services company that provides infrastructure, software, and services to mobile network operators and enterprises worldwide.
24/7 Wall St.'s 12-month price target for ERIC is $11.68, rated Hold. The Wall Street consensus target is $9.52. ERIC price prediction →
