Ericsson Q4 Earnings Fall Short of Estimates, Revenues Rise Y/Y

Ericsson (ERIC) reported a soft fourth-quarter 2024 results, with both top and bottom lines missing the Zacks Consensus Estimate. However, the company reported marginal year-over-year top-line growth. Despite solid demand in North America, weakness in the Middle East, Africa, South East Asia, Oceania and India regions affected top-line growth.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Higher IPR licensing revenues, cost optimization and a robust portfolio boosted the gross marg ...