World News

Ericsson reports smaller fourth-quarter operating loss than expected

Mobile telecom equipment maker Ericsson reported on Friday a smaller fourth-quarter operating loss than expected and said it was on track to reach its financial goals.The Swedish firm posted an operating loss of 1.9 billion crowns ($209.7 million), against a 19.3 billion loss a year ago, and a mean forecast for a 3.0 billion loss seen in a Reuters poll of analysts.Read More

Advertisements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.