Tag: SE:ERIC.A

  • Ericsson posts forecast-beating profit, but warns of choppy 2023

    Ericsson posts forecast-beating profit, but warns of choppy 2023

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    [ad_1] STOCKHOLM–Ericsson AB on Tuesday posted a smaller-than-expected drop in first-quarter net profit but cautioned that the operating environment will remain choppy in 2023 with poor visibility as operators remain cautious with spending plans and continue to adjust inventories. The Swedish telecommunications-equipment company ERIC.A, +0.58% ERIC.B, +0.24% ERIC, -0.67% said that customers in early 5G…