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5 days ago · Ericsson had expected Vonage to boost earnings per share and free cash flow from 2024 onwards, but so far it has written down $4 billion or about two-thirds off the purchase price.
4 days ago · Use the interactive tool on this page to track the current and historical performance of Ericsson's share price on the Stockholm and New York stock exchanges. You can also compare our share price with a range of major indices and industry peers.
5 days ago · Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, the second ...
5 days ago · Ericsson to take another $1B hit on Vonage. Ericsson revealed it would book a non-cash impairment of SEK11.4 billion ($1.1 billion) in its upcoming Q2 results mostly related to the Vonage cloud business it acquired in 2022, a charge which comes nine months after it took a hit of $2.9 billion on the value of the unit. The vendor noted the latest ...
5 days ago · Telecom equipment maker Ericsson has recorded another billion-dollar impairment charge for its acquisition of cloud communications firm Vonage in 2021, sending its shares down 2% in early trade.
5 days ago · Ericsson AB warned investors that it would take an 11.4 billion Swedish kronor ($1.1 billion) non-cash impairment in the second quarter after Vonage Holdings Corp.’s performance deteriorated ...
4 days ago · Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT &...
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