Invitation to media and analyst briefing for Ericsson Q2 2021 report
- Report to be released at approximately 7:00 AM CEST on July 16, 2021 - One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, July 6, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2021 will be published at approximat...
Ericsson Mobility Report: More than half a billion 5G subscriptions by the end of 2021
KISTA, Sweden, June 16, 2021 /PRNewswire/ -- * 5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day * China, North America and the Gulf Cooperation Council markets are leading the way on subscriber nu...
Ericsson updates risk factors for Euro corporate bond prospectus
STOCKHOLM, May 24, 2021 /PRNewswire/ -- As previously disclosed by Ericsson (NASDAQ: ERIC) in its Q4 2020 financial report and in its 2020 annual report, there is a risk that the decision by the Post and Telecommunication Authority (PTS) to exclude Chinese vendors' products from the 5G auction in...
Ericsson announces settlement with impact in second quarter 2021
- Settlement with Nokia of EUR 80 m (SEK 0.8 b equivalent) related to 2019 resolution with the U.S. authorities - Impact of EUR 80 m on EBIT and EUR 26 m on cashflow in Q2 2021 STOCKHOLM, May 12, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has reached an agreement with Nokia for settling a dam...
Ericsson and Samsung sign global patent license agreement
STOCKHOLM, May 7, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and hands...
Ericsson reports first quarter results 2021
STOCKHOLM, April 21, 2021 /PRNewswire/ -- First quarter highlights * Sales adjusted for comparable units and currency grew by 10% YoY despite SEK -1.6 b. lower IPR licensing revenues YoY and four of the five market areas showed double-digit growth. Reported sales wereSEK 49.8 (49.8) b. * Gros...
Ericsson's Nomination Committee appointed
STOCKHOLM, April 19, 2021 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2022 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * J...
Ericsson's Annual General Meeting 2021
STOCKHOLM, March 30, 2021 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held onMarch 30, 2021. Due to the COVID-19 pandemic, the AGM 2021 was conducted without the physical presence of shareholders, representatives and third parties and the shar...
Ericsson Annual Report on Form 20-F filed with the SEC
STOCKHOLM, March 26, 2021 /PRNewswire/ -- On March 25, 2021, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2020 with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/en...
Ericsson Annual Report 2020 published
STOCKHOLM, March 5, 2021 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report 2020 is now available to download from the Ericsson web site: www.ericsson.com/en/investors/financial-reports/annual-reports/ar-and-in-review-2020 Printed copies of the Annual Report 2020 can be ordered by filling i...
Notice of Ericsson's Annual General Meeting 2021
STOCKHOLM, Feb. 23, 2021 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 30, 2021. Due to the COVID-19 pandemic, the Board of Directors has decided that the Annual General Meeting of shareholders 2021 will...
Invitation to media and analyst briefing for Ericsson Q4 and full year 2020 report
STOCKHOLM, Jan. 14, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2020 will be published at approximately7:00 AM CET on January 29, 2021. The company will issue a press release with the complete financial report attached, including table...
Correction of date for Ericsson's fourth quarter report 2020
STOCKHOLM, Nov. 20, 2020 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2020, will be issued onJanuary 29, 2021. By mistake an incorrect date is stated in the financial report for the third quarter of 2020, published onOctober 21. The error occurs on page 12, la...
Ericsson Capital Markets Day 2020
STOCKHOLM, Nov. 10, 2020 /PRNewswire/ -- * Turn-around completed establishing a strong platform to accelerate growth and investments in 5G enterprise applications * New long-term EBITA margin target, excluding restructuring, for the Group of 15% - 18% * New long-term Free Cash flow (before ...
Ericsson completes acquisition of Cradlepoint
STOCKHOLM, Nov. 2, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has completed its acquisition of Cradlepoint, the US-based market leader in Wireless WAN Edge 4G and 5G solutions for the enterprise market. The investment is key to Ericsson's ongoing strategy of capturing market share in the rapidl...
Press invitation to Ericsson Capital Markets Day 2020
STOCKHOLM, Nov. 2, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has the pleasure of inviting investors, financial analysts and media representatives to its Capital Markets Day on10 November 2020 between 3:00 pm and 7:00 pm CET. This year's Capital Markets Day will be an online live event featurin...
Ericsson reports third quarter results 2020
STOCKHOLM, Oct. 21, 2020 /PRNewswire/ -- Third quarter highlights * Sales adjusted for comparable units and currency increased by 7% YoY mainly driven by 5G sales in Mainland China. Reported sales wereSEK 57.5 (57.1) b. * Gross margin excluding restructuring charges improved to 43.2% (37.8%) w...
Invitation to media and analyst briefing for Ericsson Q3 2020 report
STOCKHOLM, Oct. 13, 2020 /PRNewswire/ -- * Report to be released at approximately 7:00 AM CEST on October 21, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CEST Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2020 will be published at approxim...
Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint
STOCKHOLM, Sept. 18, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson's ongoing strategy of capturing market share in the rapidly expanding 5G Enterpris...
Ericsson Reports Second Quarter Results 2020
STOCKHOLM, July 17, 2020 /PRNewswire/ -- Second quarter highlights * Sales were SEK 55.6 (54.8) b. Sales adjusted for comparable units and currency were flat YoY. * Gross margin excluding restructuring charges improved to 38.2% (36.7%), including the earlier communica...