** charts before earnings **
** charts after earnings **
Ericsson misses by SEK0.16, misses on revs :
- Reports Q2 (Jun) earnings of SEK0.17 per share, SEK0.16 worse than the Capital IQ Consensus of SEK0.33; revenues fell 7.8% year/year to SEK49.9 bln vs the SEK50.66 bln Capital IQ Consensus.
- Sales, adjusted for comparable units and currency, decreased by -13% YoY.
- The RAN equipment market for 2017 is estimated to show a high single-digit percentage decline compared with previous estimate of -2% to -6%.
- Gross margin was 27.9% (32.3%). Gross margin, excluding restructuring charges, was 29.8% (33.2%).
** 1 month later **
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