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Ericsson's profit beats market view, plans $1.7 billion buyback
Reuters· 2026-01-23 06:10
Core Viewpoint - Ericsson plans to return 15 billion Swedish crowns ($1.7 billion) to shareholders after exceeding quarterly operating earnings expectations [1] Company Summary - Ericsson reported better-than-expected quarterly operating earnings, indicating strong performance in the telecom equipment sector [1]
Ericsson beats quarterly core profit estimates despite sales slip
Reuters· 2025-10-14 05:09
Core Insights - Ericsson reported a rise in quarterly core earnings that exceeded expectations, indicating strong operational improvements [1] - Despite a decline in sales, gross margins have reached sustainable levels, showcasing effective cost management and operational efficiency [1] Financial Performance - The quarterly core earnings showed a positive trend, reflecting the company's ability to enhance profitability even in a challenging sales environment [1] - The operational improvements contributed significantly to the gross margin performance, suggesting a focus on optimizing resources and processes [1]