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Ericsson Sales Miss Estimates on China 4G Spending Slowdown

2015-10-24 04:04:38| Appliances - Topix.net

The gross margin, or the percentage of sales left after subtracting production costs, was 34.5 percent excluding some items, the network-equipment maker said on Friday. Analysts predicted 35.3 percent, the average of estimates compiled by Bloomberg.

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