Ericsson's Strong Financial Performance and Shareholder Returns
Ericsson (NASDAQ:ERIC) reported earnings per share of $0.28, surpassing estimates and showcasing strong operational execution.The company achieved a revenue of approximately $7.68 billion, exceeding expectations due to growth across all segments, especially in Cloud Software and Services.Ericsson plans to return 15 billion Swedish crowns ($1.7 billion) to shareholders, indicating a strong financial position and commitment to shareholder value.Ericsson, trading as NASDAQ:ERIC, is a leading Swedish telecommun ...