Ericsson (ERIC) reported modest second-quarter 2024 results, with the top line surpassing the Zacks Consensus Estimate and the bottom line missing the same. In spite of steady sales in the Enterprise, Cloud Software and Services segment, soft demand in the Networks led to a top-line contraction year over year. Solid sales growth in North America is offset by declining capex investments in India. Higher IPR licensing revenues, cost optimization and a robust portfolio boosted the gross margin. Healthy improve ...