North American market as a growth engine. Ericsson (ERIC.US) turns loss into profit in Q2 compared to the same period last year.

date
15/07/2025
Zhtng Cijng APP hu x, rudin dinxn shbi zhzo shng i l xn (ERIC.US) zhur gngb, shu bi mi xioshu zngzhng h chngbn xujin de tudng, d r jdun tiozhng hul rcho ych yq. Kuch zhng z fiyng hu de yngy lr wi 70 y klng (yu h 7.285 y miyun), r shng nin tngq kusn 119 y klng, fnxsh c qin yq wi 61 y klng. According to the Zhtng Cijng APP, Swedish telecommunications equipment manufacturer Ericsson (ERIC.US) announced on Tuesday that its adjusted profit for the second quarter exceeded expectations, driven by growth in North American sales and cost reductions. Operating profit after deducting restructuring costs was SEK 7 billion (approximately $7.285 billion), compared to a loss of SEK 11.9 billion in the same period last year, which analysts had previously expected to be SEK 6.1 billion.