Tuesday, January 23, 2024

Ericsson Q4 Net Income Declines; Sales Down 17% Organically

Ericsson (ERIC) reported that its fourth quarter net income to owners of the parent company declined to 3.39 billion Swedish kronor from 6.07 billion Swedish kronor, prior year. Earnings per share was 1.02 kronor compared to 1.82 kronor. EBIT excluding restructuring charges amounted to 7.4 billion Swedish kronor compared to 8.1 billion Swedish kronor, last year.

from RTT - Earnings https://ift.tt/2Awb8VT
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