Ericsson Reports First Quarterly Profit Since 2016
Ericsson on Wednesday reported its first quarterly operating profit since the fall of 2016 as its results beat analysts’ expectations for the April through June reporting period. The Swedish telecom equipment giant, which slashed thousands of jobs and overhauled its management team during a prolonged downturn in the segment, disclosed a second-quarter operating margin of 0.3 percent. Its […]