LM Ericsson Telefon

Envivio is a software-based video processing and delivery solutions company. It was founded in 2000 in San Francisco by Julien Signes, the president and CEO, with a focus on developing technologies supported by the MPEG-4 standard, a standard for audio and video coding formats and related technology. Envivio is headquartered in South San Francisco with offices in Singapore, Beijing, Denver (Colorado) and Rennes.

Envivio

Red Bee Media formerly Ericsson Broadcast and Media Services (EBMS), is an International broadcasting and media services company headquartered in White City, West London, United Kingdom, with offices in Glasgow, Cardiff and Newcastle upon Tyne, and international offices in Australia, France, Spain, Germany, Finland, The Netherlands, Sweden, France, Canada, United States and Abu Dhabi. It has 2,500 employees worldwide across 8 media hubs and distributes over 2.7 million hours of programming each year worldwide. It is a wholly owned subsidiary of Ericsson.

Red Bee Media

Apcera is an American cloud infrastructure company that provides a container management platform to deploy, orchestrate and govern containers and applications across on-premises and cloud-based infrastructure.

Apcera

Redback Networks was a telecommunications equipment company, specializing in hardware and software used by ISPs to manage broadband services. In December 2006, Ericsson and Redback announced they had signed a definitive agreement under which Ericsson would acquire Redback. The transaction was completed in 2007, and Redback Networks is fully integrated in Ericsson.

Redback Networks

Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Cloud Software, Services, Enterprise, and Other. The Networks segment supports all radio-access technologies and offers hardware, software and related services for both radio access and transport. The Cloud Software segment offers solutions for core networks, business and operational support systems, network design and optimization, and managed network services. The Other segment refers to the media business and other non-allocated business. Segment-level information has also been presented to Other. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has announced the launch of intelligent SIP capabilities for SIP Trunking customers. With just a few clicks, developers and enterprises can easily deploy elastic SIP trunks globally, and access rich, AI-powered voice engagement solutions via pre-built code and low-code/no-code applications. 92% of consumers today use at.

Vonage Launches Intelligent SIP Capabilities

Ericsson (ERIC) inks a multi-year global patent cross license agreement with OPPO to drive innovation and growth in cellular environments such as 5G technologies.

Ericsson (ERIC) & OPPO Ink Multi-Year Cross License Agreement

Ericsson (ERIC) is set to deploy cutting-edge artificial intelligence and machine learning solutions aimed at reducing energy consumption across Umniah's network operations in Jordan.

Ericsson (ERIC) to Deploy AI Energy Saving Solutions in Jordan

Multi-year global cross license covering cellular technology, including 5G Royalty payments from OPPO to Ericsson Business cooperation on 5G related projects such as device testing and customer engagements STOCKHOLM , July 15, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and OPPO have signed a multi-year global patent cross license agreement. This agreement includes a cross license covering patents essential to standards for cellular technologies, including 5G.

Ericsson and OPPO sign global patent cross license agreement

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q2 2024 Earnings Conference Call July 12, 2024 4:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - President and Chief Executive Officer Lars Sandstrom - Senior Vice President, Chief Financial Officer Conference Call Participants Francois-Xavier Bouvignies - UBS Alexander Duval - Goldman Sachs Andreas Joelsson - Carnegie Andrew Gardiner - Citi Sandeep Deshpande - JPMorgan Joachim Gunell - DNB Markets Daniel Djurberg - Handelsbanken Erik Lindholm-Rojestal - SEB Sami Sarkamies - Danske Bank Joseph Zhou - Barclays Felix Henriksson - Nordea Markets Janardan Menon - Jefferies Richard Kramer - Arete Research Didier Scemama - Bank of America Daniel Morris Hello, everyone, and welcome to today's presentation of Ericsson's Second Quarter 2024 Results. Today, Borje Ekholm, our President and CEO, joins us by video, and Lars Sandstrom, Chief Financial Officer, is here in the studio with me.

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q2 2024 Earnings Call Transcript

Ericsson (ERIC) reports a top-line decline year over year owing to demand softness in the Networks segment. Sales growth in North America is a tailwind.

Ericsson (ERIC) Q2 Earnings Miss Estimates, Top Line Falls

American depositary receipts (ADRs) of Ericsson (ERIC) rose to their highest level in almost two years Friday after the telecom equipment manufacturer posted stronger-than-expected sales in North America.

Ericsson Gets a Lift From North American Demand

Ericsson shares rose 8% Friday to their highest level since September 2022. Net sales fell 7% year-on-year to 59.8 billion Swedish kronor ($5.68 billion) in the second quarter, better than the 58.3 billion kronor forecast in an LSEG poll of analysts.

Ericsson shares jump 6% as sales fall less than expected, North America returns to growth

STOCKHOLM , July 12, 2024 /PRNewswire/ -- Strategic highlights – taking proactive action in a challenging market environment  Delivering on network technology leadership strategy; externally recognized as 5G leader for 4th consecutive year.   Further progress to build out Global Network Platform for network APIs; two additional partnerships in Q2.

Ericsson reports second quarter results 2024

Vonage Hlds

Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.

Ericsson posts $1bn quarterly loss on Vonage write down

Ericsson beat profit and sales forecasts on Friday after a demand pick-up in North America raised hopes of a recovery from broader market weakness, sending its shares to their highest since October 2022.

Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment

Vodafone selects Ericsson's (ERIC) cutting-edge antenna solution to accelerate network expansion across Germany.

Ericsson (ERIC), Vodafone Team Up to Deploy 5G Antenna in Germany

Ericsson (ERIC) unveils new initiative to revolutionize digital transformation in Thailand with its state-of-the-art 5G solutions.

Ericsson (ERIC) to Drive Digital Transformation in Thailand

Ericsson (ERIC) is set to record a non-cash impairment charge of SEK 11.4 billion in the second quarter of 2024, associated with the Vonage acquisition.

Ericsson (ERIC) to Report SEK 11.4B Non-cash Impairment Expense

Telecom equipment maker Ericsson has recorded another billion-dollar impairment charge for its acquisition of cloud communications firm Vonage in 2021, sending its shares down 2% in early trade.

Ericsson shares fall after another $1 billion Vonage impairment charge

Non-cash impairment of SEK 11.4 billion to be recorded in the second quarter 2024, relating to the impairment of intangibles mainly attributed to the Vonage acquisition Reflects lower anticipated market growth in some of Vonage's current portfolio The Ericsson strategy to build a new source of monetization for the telecom industry remains. Vonage is positioned at the center of digitalizing enterprises and society through the development of the Global Network Platform for network APIs; 12 partnerships with leading service providers have already been announced, with Singtel and Telstra added in Q2 STOCKHOLM , July 3, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that, in accordance with IFRS accounting requirements, it will record a non-cash impairment charge of SEK 11.4 billion in the second quarter of 2024, primarily reflecting lower anticipated market growth rates in Vonage's current portfolio.

Ericsson announces non-cash impairment charge mainly relating to Vonage

Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, related to its acquisition of Vonage.

Ericsson to record $1.1 billion impairment charge related to Vonage acquisition

Ericsson (ERIC) successfully demonstrates its Interference Sensing Technology on Optus' live network. The solution efficiently detects and minimizes inter-cell interference to boost network capacity and data throughput.

Ericsson (ERIC), Optus Team Up to Advance 5G Capabilities

Effective as of August, 1, 2024 Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM , July 2, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of Patrick Johansson as its new Head of Market Area Middle East & Africa (MMEA) and Senior Vice President. Mr. Johansson who is currently Head of Business Control & Operations at Ericsson's Business Area Cloud Software & Services, will replace Fadi Pharaon whose decision to leave Ericsson was announced in May 2024.

Ericsson appoints Patrick Johansson Head of Market Area Middle East & Africa

Nokia

QUALCOMM

While the 6G race is well underway, some curious investors may wonder when and how 6G technology will come. Many analysts predict the technology will begin testing between 2025 and 2028, with the first commercial applications arriving around 2030.

The 3 Best 6G Stocks to Buy in July 2024

HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has again been recognized as a Leader in the Gartner Magic Quadrant for Communications Platform as a Service (CPaaS) for Ability to Execute and Completeness of Vision. For the second consecutive year, Vonage is positioned furthest to the right on the Completeness of Vision axis in the Leaders Quadrant. A Gartner Magic Qu.

Vonage Positioned as a Leader in the 2024 GartnerⓇ Magic Quadrant™ for Communications Platform as a Service for the Second Year in a Row

Sirius XM Holdings Inc

For investors seeking value, stability, and income, dividend-yielding large-cap stocks under $10 can be an attractive option. These stocks not only offer substantial market caps but also provide solid dividend yields, making them appealing to both income-focused and value-oriented investors.

3 Dividend-Yielding Large-Cap Stocks Under $10: Nokia, Ericsson, Sirius XM

HOLMDEL, N.J. , June 27, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has again been recognized as a Leader in the Gartner Magic Quadrant for Communications Platform as a Service (CPaaS) for Ability to Execute and Completeness of Vision.

Vonage Positioned as a Leader in the 2024 Gartner® Magic Quadrant™ for Communications Platform as a Service for the Second Year in a Row

Report to be released at approximately 7:00 AM CEST on July 12, 2024 One live video webcast for analysts, investors, and journalists at 10:00 AM CEST STOCKHOLM , June 27, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2024 will be published at approximately 7:00 AM CEST on July 12, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format.

Invitation to media and analyst briefing for Ericsson Q2 2024 report

5G enabling growing numbers of FWA service providers to offer speed-based tariff plans 5G subscriptions forecast close to 5.6 billion by the end of 2029 Mobile data traffic expected to grow by 20 percent annually through the end of 2029 STOCKHOLM , June 26, 2024 /PRNewswire/ -- Fixed Wireless Access (FWA) continues to grow in strength as a 5G use case for communications service providers (CSPs) globally with a sharp increase over the past year in the number of CSPs offering the service. The details, alongside Ericsson's latest mobile industry forecasts, regional breakdowns and customer case studies, feature in the June 2024 Ericsson (NASDAQ: ERIC) Mobility Report.

News for LM Ericsson Telefon Stock (ERIC)