Ericsson Q4 Results Up, Lifts Dividend, Backs Targets; Stock Climbs

Shares of LM Ericsson were gaining more than 7 percent in Swedish trading as well as in pre-market activity on Nasdaq, after the telecom equipment maker reported Tuesday higher profit and sales in its fourth quarter with strong demand. Further, the company lifted its full-year dividend, and maintained targets for fiscal 2022 EBIT growth as well as long-term target of EBITA margin.

from RTT - Top Story https://ift.tt/3rM54Ln
via IFTTT