Ericsson’s Q1 revenue was rather in line with expectations, while profitability beat expectations. The COVID-19 pandemic has had a limited impact on operations, but the company is concerned about potential delays in Europe going forward, though still maintaining both 2020 and 2022 guidance.
22 Apr 2020
Q1 20: better profitability and FY guidance maintained despite COVID-19 pandemic
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Q1 20: better profitability and FY guidance maintained despite COVID-19 pandemic
Telefonaktiebolaget LM Ericsson Class B (ERIBR:HEL) | 0 0 0.2% | Mkt Cap: 179,329m
- Published:
22 Apr 2020 -
Author:
Hugo Paternoster -
Pages:
3
Ericsson’s Q1 revenue was rather in line with expectations, while profitability beat expectations. The COVID-19 pandemic has had a limited impact on operations, but the company is concerned about potential delays in Europe going forward, though still maintaining both 2020 and 2022 guidance.