Monday, 22 January 2018

Tough quarter for Ericsson

By Mary Lennighan, Total Telecom
Friday 20 October 17

Swedish equipment maker posts year-on-year sales decline; says previously announced risk to operating income will be at high end of estimate

Ericsson posted a gloomy set of third quarter financials on Friday, reporting a sales decline and widening losses in the three months to the end of September. The Swedish equipment maker reported net sales of 47.8 billion kronor (€4…

Ericsson posted a gloomy set of third quarter financials on Friday, reporting a sales decline and widening losses in the three months to the end of September. The Swedish equipment maker reported net sales of 47.8 billion kronor (€4…

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