Telefonaktiebolaget LM Ericsson (publ)

Last price update: 25 Apr 24 23:00 GMT

Price:
$5.24
Open:
$5.20
Previous close:
$5.28
Day's range:
$5.18 - $5.27
Year's range:
$4.33 - $6.36
Net Income per Share:
-0.70
Price-to-Earnings ratio:
-7.49
52-week Price Range:
$5.36
Volume:
$14,906,623.00
Average volume:
$17,968,438.00

Company profile for Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ) logo

Telefonaktiebolaget LM Ericsson (publ), one of the world’s largest telecommunications technology companies, was founded in 1876 in Stockholm, Sweden. Since then, it has become one of the biggest names in the industry and is renowned for providing communication infrastructure, services, and software solutions to the telecom and other sectors.

The Company currently operates through four segments. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software, integrated antenna and transport solutions, and a range of service portfolio covering network deployment and support. This segment is dedicated to providing the best networking solutions for customers. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. This segment focuses mainly on providing innovative cloud-based solutions to businesses. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses such as Internet of Things, iconectiv, Cradlepoint, which offers wireless edge WAN 4G and 5G enterprise solutions, as well Red Bee Media, MediaKind and other new businesses.

Telefonaktiebolaget LM Ericsson (publ) is present in over 180 countries, reaching over 1 billion people around the world. It has a strong portfolio of more than 6,000 patents, covering various products and services. The Company has made important investments in 5G research and development, including the setting up of its 5G innovation lab for advanced network and platform development. The Company also provides services in the areas of cybersecurity, such as its 24/7 managed services for customers. With operations in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India and North East Asia, Telefonaktiebolaget LM Ericsson (publ) is well poised to meet the needs of customers in the industry.

Stock exchanges:
NASDAQ
Sector:
Technology
Industries:
Communication Equipment
Ticker:
ERIC
CIK:
717826
ISIN:
US2948216088
Website:
https://www.ericsson.com
Phone:
46 1 07 19 00 00
Origin:
Sweden
Employees:
104,490