Ericsson Q3 Loss Widens, Adj. Gross Margin Rise; Stock Up

Chief Editor October 20, 2017 0 11 sec read

STOCKHOLM (dpa-AFX) – Swedish telecom equipment maker Ericsson (ERIC) reported Friday wider than expected third-quarter loss on higher charges and weak sales. However, adjusted gross margin improved and the company sees positive effects on gross margin in 2018.

Posted: 2017-10-20 10:50:00

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