Wednesday, January 31, 2018

Ericsson Stock Down On Wider Q4 Net Loss, Weak Sales; Maintains Dividend

Shares of Ericsson were losing around 9 percent in the morning trading in Stockholm after the Swedish telecom equipment maker reported a sharply wider net loss in its fourth quarter with write down charges and weak sales. Further, the company maintained its dividend. Separately, Ericsson said it has concluded the review of strategic opportunities for its Media business.

from RTT - Earnings http://ift.tt/2E1uaio
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