STOCKHOLM, May 2, 2024 /PRNewswire/ -- In accordance with the resolution by the Annual General Meeting 2024, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Program LTV I 2023 for Ericsson's executive team. The Board of Directors of Ericsson has today resolved, by virtue of authorization given by the Annual General Meeting on April 3, 2024 (the "AGM 2024"), to direct an acquisition offer to all holders of C shares to acquire these shares. ...

BOISE, Idaho, April 24, 2024 (GLOBE NEWSWIRE) -- Cradlepoint, part of Ericsson, the global leader in cloud-delivered LTE and 5G wireless network and security solutions, today launched its single vendor Secure Access Service Edge (SASE) solution, NetCloud SASE. Designed to serve agile enterprises, NetCloud SASE integrates cellular-centric SD-WAN and security into a fully unified solution. The cloud-delivered platform enables lean IT teams to provision true zero-trust networks in as little as 6 minutes. IDC f ...

Ericsson’s (ERIC) subsidiary Vonage recently collaborated with Singtel to aid businesses across the globe to accelerate and drive digital transformation. Vonage specializes in providing cloud communications solutions and is headquartered in New Jersey. The integration of Singapore-based Singtel’s orchestration platform, Paragon, and Vonage's API platform will provide a thriving ecosystem of communications, network and edge APIs to enterprises, telcos and developers globally. This will aid them in delivering ...

Ericsson (NASDAQ:ERIC) layoffs are a hot topic on Thursday as reports claim that the telecommunications giant is preparing to cut jobs. According to a company spokesperson, Ericsson is going to reduce its headcount by more than 200 employees. These job cuts are coming for workers based in its Chinese research and development division. Investors will note that these layoffs were announced shortly after the release of Ericsson’s Q1 earnings report. The company warned of headwinds in this latest report. Here’s ...

Ericsson与Nex-Tech Wireless合作 - Ericsson与Nex-Tech Wireless宣布了一项为期5年的网络现代化计划，旨在提供无与伦比的连接解决方案给堪萨斯州社区[1] - Nex-Tech Wireless和Ericsson继续合作，致力于让堪萨斯州居民保持连接，通过采用Ericsson的解决方案和Nex-Tech Wireless的技术团队，将技术革新带给美国农村地区[2] - Nex-Tech Wireless和Ericsson将通过引入Ericsson的双模5G核心解决方案和先进的无线接入网络技术，在堪萨斯州实施最先进的核心演进/云原生解决方案，以及采用Ericsson的网络功能虚拟化基础设施和云原生基础设施解决方案，以确保未来5G和不断发展的RAN技术的无缝集成[2]

Key Takeaways Ericsson on Tuesday reported first-quarter operating profit and earnings per share above forecasts as it took steps to offset falling sales. The Swedish telecom company posted a jump in gross margin from the year before. Ericsson's CEO predicted sales will stabilize in the second half of 2024. American depositary receipts (ADRs) of Ericsson (ERIC) rose Tuesday after the Swedish telecom company posted a much better-than-expected operating profit and predicted sales would be better in the second ...

Ericsson (ERIC) reported mixed first-quarter 2024 results, wherein the bottom line surpassed the Zacks Consensus Estimate, but the top line missed the same. The company reported a revenue decline year over year, owing to sluggish demand in the Networks Segment. Sharp sales drop in the South East Asia and Oceania region and normalization of 5G investments in India affected the top line. Solid expansion in gross margin backed by strategic cost-saving measures, commercial discipline and a competitive portfolio ...

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Conference Call April 16, 2024 3:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - President and Chief Executive Officer Lars Sandstrom - Senior Vice President, Chief Financial Officer Conference Call Participants Andreas Joelsson - Carnegie Francois-Xavier Bouvignies - UBS Joachim Gunell - DNB Markets Sandeep Deshpande - JPMorgan Daniel Djurberg - Handelsbanken Capital Markets Joseph Zhou - Barclays ...

销售额变化 - 销售额在第一季度有所下降，主要是由于网络部门销售下降[1] 毛利润改善 - 毛利润在第一季度有所改善，主要得益于竞争产品组合、成本措施和商业纪律的提高[3] 毛利率提升 - 在云软件和服务方面，毛利率为37.4%，连续第五个季度EBITA毛利率有所改善[9]

Ericsson (ERIC) recently announced that it has inked a new multi-year agreement with Switzerland’s leading telecommunications provider, Swisscom. Through the recent expansion of longstanding business collaboration, Swisscom is aiming to upgrade its mobile network by leveraging a range of advanced capabilities from Ericsson’s comprehensive portfolio. As the digital landscape continues to evolve across industries, demand for seamless mobile network services continues to surge. The heightened requirements of n ...