Telefonaktiebolaget LM Ericsson Q2 Financial Performance

Friday, 12 July 2024, 05:11

In the second quarter, Telefonaktiebolaget LM Ericsson reported a GAAP EPS of -SEK3.34 and a revenue of SEK59.8 billion, showing a decline of 7.1% year-over-year. Adjusted EBITA stood at SEK 4.1 billion, reflecting a margin of 6.8%. Despite challenges, the company managed to maintain profitability and operational efficiency.
LivaRava Finance Meta Image
Telefonaktiebolaget LM Ericsson Q2 Financial Performance

Telefonaktiebolaget LM Ericsson Q2 Results Overview

In the latest financial report, Telefonaktiebolaget LM Ericsson disclosed key figures for the second quarter.

Important Points:

  • GAAP EPS of -SEK3.34
  • Revenue of SEK59.8 billion (-7.1% Y/Y)
  • Adjusted EBITA at SEK 4.1 billion
  • Margin of 6.8%

The results highlight the financial performance and strategic decisions impacting Telefonaktiebolaget LM Ericsson.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe