FinanceWall Street Journalabout 1 hour ago
Ericsson Shares Surge on Strong Sales
2 min read
Ericsson AB shares jumped 11% in Stockholm after third-quarter earnings reached 10.1 billion Swedish kronor, beating analyst estimates of 7.93 billion kronor. New CEO Per Narvinger attributes the results to strong execution and customer trust despite geopolitical uncertainty and rising component costs.
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