Telefonaktiebolaget L M Ericsson ADR

ERIC: XNAS (USA)
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Ericsson Earnings: Rising Input Costs Make Enterprise Turnaround Pressing Despite Resilient Results

Ericsson reported decent second-quarter results, with relatively resilient revenue and margins offset by one-time revenue items in the year-ago period. Investors were concerned by news of rising input costs and margin pressure from increased network rollout volumes, sending shares down 10%.

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