HomeERIC • NASDAQ
Telefonaktiebolaget LM Ericsson - ADR
$7.58
Pre-market:
$7.60
(0.26%)+0.020
Closed: Oct 1, 12:31:06 AM GMT-4 · USD · NASDAQ · Disclaimer
US listed securitySE headquartered
Previous close
$7.70
Day range
$7.50 - $7.67
Year range
$4.33 - $7.83
Market cap
24.31B USD
Avg Volume
15.01M
CDP Climate Change Score
A-
Financials
Income Statement
Revenue
Net income
(SEK)Jun 2024Y/Y change
Revenue
59.85B-7.13%
Operating expense
23.16B5.82%
Net income
-11.13B-1,522.74%
Net profit margin
-18.60-1,654.72%
Earnings per share
0.64823.08%
EBITDA
20.23B331.81%
Effective tax rate
20.76%
Total assets
Total liabilities
(SEK)Jun 2024Y/Y change
Cash and short-term investments
42.57B38.03%
Total assets
278.49B-18.89%
Total liabilities
196.02B-7.10%
Total equity
82.47B
Shares outstanding
3.33B
Price to book
0.31
Return on assets
2.70%
Return on capital
5.44%
Net change in cash
(SEK)Jun 2024Y/Y change
Net income
-11.13B-1,522.74%
Cash from operations
9.28B421.86%
Cash from investing
-5.99B-148.11%
Cash from financing
-5.70B19.42%
Net change in cash
-3.11B73.63%
Free cash flow
29.30B886.13%
About
Telefonaktiebolaget LM Ericsson, commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm, Sweden. The company sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, 3G, 4G, and 5G equipment, and Internet Protocol and optical transport systems. The company employs around 100,000 people and operates in more than 180 countries. Ericsson has over 57,000 granted patents. Ericsson has been a major contributor to the development of the telecommunications industry and is one of the leaders in 5G. The company was founded in 1876 by Lars Magnus Ericsson and is jointly controlled by the Wallenberg family through its holding company Investor AB, and the universal bank Handelsbanken through its investment company Industrivärden. The Wallenbergs and the Handelsbanken sphere acquired their voting-strong A-shares, and thus the control of Ericsson, after the fall of the Kreuger empire in the early 1930s. Ericsson is the inventor of Bluetooth technology. Wikipedia
Founded
1876
Employees
97,985
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