Ericsson CEO Expresses Repercussions Of Sweden’s Huawei Ban: FT
Telefonaktiebolaget LM Ericsson’s (NASDAQ: ERIC) sales dived in China following its warning against retaliation due to Sweden’s ban of its…
33 Stocks Moving In Friday’s Mid-Day Session
Gainers
TD Holdings, Inc. (NASDAQ: GLG) jumped 49% to $1.21 after the company entered a non-binding letter of intent to acquire Guangdong Jinbochuang Special Purpose Vehicle Co. and Hunan Jinmeike New Material Co.
Ericsson: Q2 Earnings Insights
Shares of Telefonaktiebolaget L M Ericsson(NASDAQ:ERIC) fell 8.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 75.00% year over year to $0.14, which missed the estimate of $0.15.
22 Stocks Moving in Friday’s Pre-Market Session
Gainers
Aehr Test Systems (NASDAQ: AEHR) shares rose 25.3% to $3.52 in pre-market trading after the company reported better-than-expected Q4 results and issued strong FY22 sales guidance.
Ericsson Shares Fall On Missing Q2 Earnings; Notes Margin Expansion, Forges $8.3B 5G Deal With Verizon
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) inked a multi-year agreement worth $8.3 billion with Verizon Communications Inc (NYSE:VZ) to provide its 5G solutions to accelerate…
Earnings Scheduled For July 16, 2021
Companies Reporting Before The Bell
• State Street (NYSE:STT) is expected to report quarterly earnings at $1.79 per share on revenue of $2.94 billion.
Earnings Preview For Telefonaktiebolaget L M
Telefonaktiebolaget L M (NASDAQ:ERIC) will be releasing its next round of earnings this Friday, July 16. For all of the relevant information, here is your guide for Friday's Q2 earnings announcement.
Millicom To Incur $135M To Update Ericsson’s Mobile Networks Partnership In Honduras, Paraguay, Bolivia
Millicom International Cellular SA (NASDAQ:TIGO) will be investing $135 million over the next two to three years to upgrade its mobile…