Ericsson (ERIC) released a profit for its second quarter that advanced from last year.
The company's earnings came in at SEK3.9 billion, or SEK1.10 per share. This compares with SEK2.6 billion, or SEK0.74 per share, in last year's second quarter.
The company's revenue for the quarter fell 1.3% to SEK54.9 billion from SEK55.6 billion last year.
Ericsson earnings at a glance:
-Earnings (Q2): SEK3.9 Bln. vs. SEK2.6 Bln. last year.-EPS (Q2): SEK1.10 vs. SEK0.74 last year.-Revenue (Q2): SEK54.9 Bln vs. SEK55.6 Bln last year.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.