Friday, January 29, 2021

Ericsson Stock Up On Higher Q4 Results, Dividend Growth, Positive Outlook

Shares of Ericsson were gaining around 9 percent in the morning trading in Sweden and 10 percent in the Pre-market activity on Nasdaq after the telecom equipment maker reported a surge in fourth-quarter profit, driven by strong sales growth. The company also proposed higher dividend for fiscal 2020. Looking ahead, CEO said, "Long-term business fundamentals remain strong..."

from RTT - Earnings https://ift.tt/2My5GU3
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