ERIC
Telefonaktiebolaget L M Ericsson (NYSE: ERIC) reported Q1 net income of $97.
Article Summary
HOLD- Telefonaktiebolaget L M Ericsson (NYSE: ERIC) reported Q1 net income of $97.2 million, with earnings adjusted for restructuring costs of 13 cents per share, while revenue of $5.4 billion fell short of expectations, with analysts expecting earnings to rise to 13 cents.
- Telefonaktiebolaget L M Ericsson ADR posted revenue growth of just 0.3% to $6.2 billion, missing expectations of $6 billion, while operating expenses rose slightly to $3.9 billion.
- The results beat expectations, though revenue missed expectations by 0.2% and net income by 3 cents.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 3.5% | 25% | 20.0 ptsMinimal (3.5%) - Very weak |
| EPS Growth Next 5Y ? | -6.6% | 25% | 0.0 ptsNegative (-6.6%) - Declining expectations |
| Target Price Upside ? | 11.3% above | 20% | 0.0 ptsAbove Target (11.3% above) - Target: $10.78 vs Current: $12.16 |
| Gross Margin % ? | 48.1% | 15% | 60.0 ptsSolid (48.1%) - Decent margins |
| Drawdown from 52-Wk High ? | 0.4% | 15% | 20.0 ptsBarely a Dip (0.4%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About ERIC
- Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India.
- It operates through Networks; Cloud Software and Services; Enterprise; and Other segments.
- The Networks segment offers hardware, software, and service offerings for intelligent, reliable and flexible 5G networks.
- This segment also provides energy-efficient RAN with an AI-native software architecture deployable on Ericsson silicon and third-party CPUs/GPUs; transport networks; and active/ passive antennas, as well as deployment and lifecycle management services.
- The Cloud Software and Services segment provides core networks, network management, business and operations support systems, and network operations delivered as managed services, including secure data and voice connectivity, service monetization and orchestration tools, and network management services.
- The Enterprise segment offers intelligent networking and advanced communications software solutions comprising global communications platform, wireless wide area networks (WWAN), and private 5G networks.
- The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers.
- The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926.
- Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.