Ericsson profit beats forecast in second quarter
14/07/2026 06:09
Ericsson profit beats forecast in second quarter STOCKHOLM, July 14 (Reuters) - Sweden's Ericsson ERICb.ST reported a second-quarter core profit above market expectations on Tuesday, as telecom equipment customers in regions outside North American markets placed more orders.
The company reported an adjusted operating profit of 6.52 billion Swedish crowns ($671.70 million), excluding restructuring charges, for the second quarter, while analysts on average expected 6.42 billion, according to an LSEG poll.
($1 = 9.7067 Swedish crowns)
(Reporting by Supantha Mukherjee in Stockholm, editing by Terje Solsvik)
((supantha.mukherjee@thomsonreuters.com; +46 70 721 1004; Reuters Messaging: supantha.mukherjee.thomsonreuters.com@reuters.net))
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