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Telefonaktiebolaget LM Ericsson

ERIC.O

Latest Trade

10.12USD

Change

-0.32(-3.07%)

Volume

4,356,653

Today's Range

10.09

 - 

10.26

52 Week Range

10.09

 - 

15.31

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
10.44
Open
10.20
Volume
4,356,653
3M AVG Volume
124.31
Today's High
10.26
Today's Low
10.09
52 Week High
15.31
52 Week Low
10.09
Shares Out (MIL)
3,329.99
Market Cap (MIL)
35,096.76
Forward P/E
14.35
Dividend (Yield %)
3.02

Next Event

Telefonaktiebolaget LM Ericsson at Credit Suisse Technology, Media & Telecom Conference

Latest Developments

More

Ericsson To Acquire Vonage For $6.2 Billion

Nokia CEO: Semiconductor shortage will get worse before it gets better

Telenet Group Holding Is Further Expanding Its Partnership With Ericsson

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About Telefonaktiebolaget LM Ericsson

Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.

Industry

Communications Equipment

Contact Info

Torshamnsgatan 21

164 40

Sweden

+46.10.7190000

https://www.ericsson.com/

Executive Leadership

Ronnie Leten

Non-Executive Independent Chairman of the Board

E. Boerje E. Ekholm

President, Chief Executive Officer, Director

Helena Stjernholm

Deputy Chairman of the Board

Jacob Wallenberg

Deputy Chairman of the Board

Carl Mellander

Senior Vice President, Chief Financial Officer and Head of Group Function Finance and Common Functions

Key Stats

2.33 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

24.2K

2019

24.1K

2020

25.3K

2021(E)

26.5K
EPS (USD)

2018

0.110

2019

0.460

2020

0.634

2021(E)

0.703
Price To Earnings (TTM)
15.72
Price To Sales (TTM)
1.38
Price To Book (MRQ)
3.26
Price To Cash Flow (TTM)
10.67
Total Debt To Equity (MRQ)
42.80
LT Debt To Equity (MRQ)
30.13
Return on Investment (TTM)
12.50
Return on Equity (TTM)
7.05

Latest News

Latest News

Sweden's Ericsson snaps up cloud firm Vonage in $6.2 billion deal

Ericsson on Monday agreed to buy cloud communications firm Vonage in a $6.2 billion all-cash deal, as the telecom gear maker moves to broaden its 5G portfolio.

Ericsson says U.S. DOJ advises it breached obligations under DPA

Swedish telecommunications equipment maker Ericsson said Friday it received correspondence from U.S. Department of Justice stating that the company breached its obligations under a Deferred Prosecution Agreement (DPA) by failing to provide certain documents and factual information...

Ericsson plans cut in China ops on Huawei backlash, flags supply chain issues

Sweden's Ericsson announced on Tuesday plans to reduce its operations in China after suffering a big sales drop in one of its biggest markets due to retaliation for Sweden's ban on China's Huawei from selling 5G gear in the country.

UPDATE 2-Ericsson profit beats expectations on 5G demand despite China setback

* Supply chain problems felt towards end of Q3 (Adds details on China loss, CFO interview)

Ericsson profit beats expectations on 5G demand despite China setback

Sweden's Ericsson on Tuesday reported third-quarter core earnings above market estimates, as strong sales of 5G equipment in most of the world offset a loss of market share in mainland China.

Ericsson signs 5-year 5G contract with AT&T

Sweden's Ericsson said on Monday it has won a five-year contract from AT&T to help build its 5G network in the United States.

Exclusive-Ericsson CEO to double down on China as 5G tussle rumbles on

Ericsson's top executive vowed to double down on efforts to regain market share lost in China after Sweden blocked Chinese suppliers from its 5G roll-out, a move that antagonised Beijing and has hit the equipment maker's business.

Ericsson keeps win against HTC over wireless patent licensing terms

Ericsson didn't breach its obligation to offer telecom rival HTC licenses to its 2G, 3G and 4G wireless patents on fair and reasonable terms, the 5th U.S. Circuit Court of Appeals said Tuesday.

Ericsson gets 5G radio contracts in China, Nokia disappoints - sources

Sweden's Ericsson won a 3% share in a joint 5G radio contract from China Telecom and China Unicom, according to sources familiar with the matter.

Nokia wins first 5G radio contract in China, Ericsson loses ground

Nokia on Monday won its first 5G radio contract in China, securing a share in one of China Mobile's three new 5G contracts, while Nordic rival Ericsson lost market share after getting caught up in a political spat.

Ericsson's 5G march hits a wall in China, shares sink

Sweden's Ericsson, caught in the middle of a geopolitical battle between Beijing and the West, said on Friday it was no longer banking on previously anticipated contract wins for 5G tenders in China, sending its shares down more than 8%.

Telefonica awards Nokia and Ericsson equal use of its Spanish 5G bands

Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.

Ericsson hits Chinese wall

(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)

Telefonica awards Nokia and Ericsson 50-50 use of its Spanish 5G bands

Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHZ and 700MHZ.

Ericsson quarterly core profit misses as China sales fall

Sweden's Ericsson on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in sales in mainland China

Ericsson strikes $8.3 billion 5G deal with Verizon

Swedish telecoms gear maker Ericsson said on Friday it struck an $8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States.

Swedish court upholds ban on Huawei selling 5G network gear

A Swedish court on Tuesday upheld a ban on Huawei for selling 5G equipment in the country, dashing hopes of the Chinese company for staging a comeback in Europe and increasing the chance of a potential retaliation by China against home-grown Ericsson. The case stems from...

Ericsson wins 5G core contracts from Vodafone in UK, Germany

Ericsson said on Thursday it had won contracts from Vodafone to supply 5G core equipment for its standalone network in the UK and 5G core network in Germany.

Ericsson sees global 5G subscriptions hitting 580 million this year

Sweden's Ericsson said on Wednesday the number of 5G subscriptions were expected to rise to 580 million by the end of 2021 from 220 million last year, and cross 3.5 billion by 2026.

Ericsson flags risk of losing 5G market share in China

Ericsson said on Monday it might get lower share in China's 5G roll-out than its share of the current telecom infrastructure market there, partly due to a spat over exclusion of Chinese vendors from Sweden's roll-out of ultra-fast networks.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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