Ericsson's third-quarter core profit falls less than expected
Ericsson's third-quarter core profit falls less than expected STOCKHOLM, Oct 15 (Reuters) - Telecom equipment maker Ericsson ERICb.ST on Thursday reported a smaller than expected drop in third quarter core profit and said the RAN market is flat, geopolitical uncertainty remains elevated and component costs are a headwind to gross margin next year.
(Reporting by Anna Ringstrom, editing by Terje Solsvik)
Recent news on Telefonaktiebolaget LM Ericsson
See all newsNordic defence firms push for greater regional alignment as conflicts drag
Brief: Telia Sweden, Ericsson Collaborate 'On The Path To 6G'
Brief: Singtel, Ericsson Deepen Partnership
Brief: Telstra And Ericsson Expand Collaboration
European majors set for Q3 earnings growth despite darkening view on consumer cyclicals