Ericsson Reports $1 Billion Quarterly Loss Due to Vonage Write-Down, but Sees Boost in North American Sales
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#4c1a66fd ver:0.09
Swedish telecom company Ericsson reports $1 billion quarterly loss due to Vonage write-down, but sees boost in North American sales. Despite the loss, Ericsson's CEO defends the acquisition, stating it's foundational for future growth in the telecoms industry. Ericsson expects a sales boost in the second half from contract deliveries in North America. #Ericsson #telecoms #Vonage #NorthAmerica...
#newstr #Ericsson #Vonage #Telecommunications #Revenue #NorthAmerica #Sales
https://here.news/story/4c1a66fd?ver=0.09
Verizon Communications (VZ) Outperforms Stock Market Gains Amidst Expected Decline in Earnings, While Novartis (NVS) Stock Declines More Than Market
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#4c1a66fd ver:0.06
Verizon Communications (VZ) stock outperforms market gains despite expected decline in earnings, while Novartis (NVS) stock lags behind. Verizon's revenue predicted to increase, trading at a discount with a low P/E ratio. Novartis expected to report lower revenue, trading at a discount with a Zacks Rank of #4. NV5 Global (NVEE) slightly below expectations, with lower guidance for revenue and earnings. #Verizon #Novartis #NV5Global #stocks #earnings...
#newstr #VerizonCommunications #Novartis #Nv5Global #StockMarket #Earnings
https://here.news/story/4c1a66fd?ver=0.06
Notes by Verizon Communications (VZ) Outperforms Stock Mark... | export