Ericsson(ERIC)

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Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-04-05 22:56
Ericsson (ERIC) closed the latest trading day at $5.08, indicating a -1.93% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.11%. At the same time, the Dow added 0.8%, and the tech-heavy Nasdaq gained 1.24%.Heading into today, shares of the telecommunications equipment provider had lost 7.17% over the past month, lagging the Computer and Technology sector's gain of 0.85% and the S&P 500's gain of 0.48% in that time.Investors will be eagerly watching f ...
Investors Heavily Search Ericsson (ERIC): Here is What You Need to Know
Zacks Investment Research· 2024-04-04 14:05
Ericsson (ERIC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this telecommunications equipment provider have returned -2%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Wireless Equipment industry, which Ericsson falls in, has gained 4.3%. The key question now is: What could be the stock's future direction ...
Vonage Wins Gold in 5G Category at Merit Awards for Telecom 2024
Prnewswire· 2024-04-03 12:30
HOLMDEL, N.J., April 3, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has been named Gold Winner for 5G at the Merit Awards for Telecom, for its global network platform. With the Vonage Communications Platform (VCP) and Ericsson's powerful 5G network, Vonage has spearheaded the creation of a global network platform for open innovation, driving revenue benefits to the entire ecosystem - Co ...
Invitation to media and analyst briefing for Ericsson Q1 2024 report
Prnewswire· 2024-04-02 07:21
Report to be released at approximately 7:00 AM CEST on April 16, 2024 One live video webcast for analysts, investors, and journalists at 9:00 AM CEST STOCKHOLM, April 2, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2024 will be published at approximately 7:00 AM CEST on April 16, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Following publication of the press release, the financial report ...
Ericsson (ERIC) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-03-21 22:56
Ericsson (ERIC) closed the latest trading day at $5.49, indicating a -1.26% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.68%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the telecommunications equipment provider had gained 3.93% over the past month. This has lagged the Computer and Technology sector's gain of 6.04% and the S&P 500's gain of 5.11% in that time.The upcoming earnings release of Ericss ...
Here is What to Know Beyond Why Ericsson (ERIC) is a Trending Stock
Zacks Investment Research· 2024-03-21 14:05
Ericsson (ERIC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this telecommunications equipment provider have returned +3.9%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Wireless Equipment industry, which Ericsson falls in, has gained 5.6%. The key question now is: What could be the stock's future directi ...
Ericsson (ERIC) Establishes New Entity to Bolster U.S. Presence
Zacks Investment Research· 2024-03-20 17:41
Ericsson (ERIC) recently established Ericsson Federal Technologies Group (EFTG) to accelerate 5G-driven digital transformation across several U.S. Government (USG), state and federal agencies. Ericsson has matched the stringent criteria set by the U.S. Govt. for 5G networks including support for Open RAN-ready technologies and equipment made in U.S.A , owing to its Texas-based 5G smart factory.Recognizing the critical role of digitalization in national and economic security, the U.S. Govt. opted to leverage ...
Ericsson appoints Andres Vicente Head of Market Area South East Asia, Oceania & India
Prnewswire· 2024-03-20 11:17
Effective as of May 1, 2024 Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, March 20, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of Andres Vicente as its new Head of Market Area South East Asia, Oceania & India and Senior Vice President. Mr. Vicente who is currently Head of Ericsson's Customer Unit Iberia within Market Area Europe & Latin America, will replace Nunzio Mirtillo whose retirement was announced in October 2023. Mr. Vicente will tak ...
Ericsson (ERIC) AI Transforms Jordan's Network Performance
Zacks Investment Research· 2024-03-18 13:30
Ericsson (ERIC) and Umniah have embarked on a transformative journey leveraging Ericsson’s Cognitive Software portfolio to enhance network performance in Jordan. The collaboration promises to revolutionize telecommunications in the region by employing state-of-the-art AI and ML technologies.Ericsson’s Cognitive Software portfolio, renowned for its AI-driven planning and optimization solutions, is set to tackle the complexities of modern networks in Jordan. By harnessing big data, Ericsson aims to proactivel ...
Ericsson (ERIC) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-03-15 22:51
The most recent trading session ended with Ericsson (ERIC) standing at $5.74, reflecting a +1.06% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.65%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq lost 0.96%.The telecommunications equipment provider's stock has climbed by 6.17% in the past month, exceeding the Computer and Technology sector's gain of 2.19% and the S&P 500's gain of 3.27%.Market participants will be closely following the fina ...