Friday, 20 October 2017

Ericsson's Q3 revenue growth tempered by US slowdown

By Nick Wood, Total Telecom
Friday 24 October 14

Kit maker's gross margin widens on higher hardware margins, growth in intellectual property revenues.

Ericsson on Thursday reported higher third quarter revenue on LTE contracts in Asia-Pacific and improving trends in northern Europe, but growth in North America slowed. The Swedish equipment maker generated sales of 57.6 billion kronor (€6.27 billion), up 9% on last year…

Ericsson on Thursday reported higher third quarter revenue on LTE contracts in Asia-Pacific and improving trends in northern Europe, but growth in North America slowed. The Swedish equipment maker generated sales of 57.6 billion kronor (€6.27 billion), up 9% on last year…

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