Stock Track | LM Ericsson Telephone Plunges 11.12% as Q4 Earnings Disappoint and Enterprise Division Struggles

Stock Track

Jan 24, 2025

LM Ericsson Telephone, the Swedish telecommunications equipment maker, saw its stock plummet by a staggering 11.12% during Friday's trading session. The sharp decline came on the heels of the company's fourth-quarter 2024 earnings report and full-year results release.

While Ericsson's adjusted earnings per share of $0.20 for Q4 2024 met analysts' expectations, the company's revenue of $6.77 billion narrowly missed forecasts. However, the primary concern for investors was the company's struggling enterprise division, which offset the strong performance in its core networks business.

Analysts from firms like JPMorgan and Danske Bank highlighted the disappointing results from Ericsson's enterprise division, which has been grappling with issues related to the acquisition of Vonage. The company has already written down approximately $4 billion of the $6.2 billion acquisition price, underscoring the challenges faced in this segment.

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The sharp decline came on the heels of the company's fourth-quarter 2024 earnings report and full-year results release.</p>\n\n<p>While Ericsson's adjusted earnings per share of $0.20 for Q4 2024 met analysts' expectations, the company's revenue of $6.77 billion narrowly missed forecasts. However, the primary concern for investors was the company's struggling enterprise division, which offset the strong performance in its core networks business.</p>\n\n<p>Analysts from firms like JPMorgan and Danske Bank highlighted the disappointing results from Ericsson's enterprise division, which has been grappling with issues related to the acquisition of Vonage. The company has already written down approximately $4 billion of the $6.2 billion acquisition price, underscoring the challenges faced in this segment.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | LM Ericsson Telephone Plunges 11.12% as Q4 Earnings Disappoint and Enterprise Division Struggles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | LM Ericsson Telephone Plunges 11.12% as Q4 Earnings Disappoint and Enterprise Division Struggles\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-24 22:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LM Ericsson Telephone, the Swedish telecommunications equipment maker, saw its stock plummet by a staggering 11.12% during Friday's trading session. The sharp decline came on the heels of the company's fourth-quarter 2024 earnings report and full-year results release.</p>\n\n<p>While Ericsson's adjusted earnings per share of $0.20 for Q4 2024 met analysts' expectations, the company's revenue of $6.77 billion narrowly missed forecasts. However, the primary concern for investors was the company's struggling enterprise division, which offset the strong performance in its core networks business.</p>\n\n<p>Analysts from firms like JPMorgan and Danske Bank highlighted the disappointing results from Ericsson's enterprise division, which has been grappling with issues related to the acquisition of Vonage. The company has already written down approximately $4 billion of the $6.2 billion acquisition price, underscoring the challenges faced in this segment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ERIC","symbol_name":"爱立信","start_time":0,"source_url":"","article_id":"1144025349","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144025349","pubTimestamp":1737729349,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"LM Ericsson Telephone, the Swedish telecommunications equipment maker, saw its stock plummet by a staggering 11.12% during Friday's trading session. 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