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Ericsson net loss swells to SEK 4.3 billion in Q3, sales fall 6%

2017-10-20 08:30:00| Telecompaper Headlines

(Telecompaper) Ericsson saw its net loss widen to SEK 4.3 billion for the third quarter, from SEK 0.2 billion a year ago, due to a number of one-time restructuring costs and writedowns. Revenues at the network equipment maker also fell 6 percent, to SEK 47.8 billion, and adjusted operating profit, excluding all the charges, was breakeven.

Tags: net sales fall loss

Category:Telecommunications

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