Ericsson First-Quarter Profit Misses Estimates on Sluggish Sales

Ericsson First-Quarter Profit Misses Estimates on Sluggish Sales



Ericsson First-Quarter Profit Misses Estimates on Sluggish Sales
Ericsson AB earnings missed analysts’ forecasts in the first quarter, as the Swedish company struggled in a weak market for telecommunications equipment and rising chip costs, in part due to the artificial intelligence boom.


www.bloomberg.com
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