Telefonaktiebolaget LM Ericsson (publ)

Stockholm Stock Exchange ERIC-B.ST

Telefonaktiebolaget LM Ericsson (publ) Revenue for the year ending December 31, 2023: USD 25.99 B

Telefonaktiebolaget LM Ericsson (publ) Revenue is USD 25.99 B for the year ending December 31, 2023, a 0.23% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Telefonaktiebolaget LM Ericsson (publ) Revenue for the year ending December 31, 2022 was USD 25.93 B, a 1.39% change year over year.
  • Telefonaktiebolaget LM Ericsson (publ) Revenue for the year ending December 31, 2021 was USD 25.58 B, a -9.19% change year over year.
  • Telefonaktiebolaget LM Ericsson (publ) Revenue for the year ending December 31, 2020 was USD 28.17 B, a 16.50% change year over year.
  • Telefonaktiebolaget LM Ericsson (publ) Revenue for the year ending December 31, 2019 was USD 24.18 B, a 1.92% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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Stockholm Stock Exchange: ERIC-B.ST

Telefonaktiebolaget LM Ericsson (publ)

CEO Mr. E. Borje Ekholm MBA, MSc
IPO Date Jan. 3, 2000
Location Sweden
Headquarters Torshamnsgatan 21
Employees 95,984
Sector Communication Services
Industries
Description

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses comprising Internet of Things; iconectiv; Cradlepoint that offers wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

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StockViz Staff

January 15, 2025

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