Ericsson profit beats forecasts for fifth straight quarter as savings, 5G sales kick in

Ericsson profit beats forecasts for fifth straight quarter as savings, 5G sales kick in

7 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-ericsson-results/ericsson-profit-beats-forecasts-for-fifth-straight-quarter-as-savings-5g-sales-kick-in-idUSKCN1RT0D5

Mobile telecom equipment maker Ericsson beat first-quarter result forecasts on Wednesday due mainly to strong growth in North America as the company raised its full-year outlook for the global networks market.