Ericsson (ERIC) On Restructuring Track, Weak RAN Markets Mar
Zacks Investment Research | Nov 21, 2017 10:52PM ET
The network infrastructure and 4G deployment field has been buzzing with a flurry of recent activity and Ericsson (BS:ERICAs) (NASDAQ:ERIC) has undoubtedly been quite in the thick of things. However, the company continues to grapple with low investments in mobile broadband and all-pervasive weak demand.
The beleaguered infrastructure giant’s repeated earnings misses, eroding profitability and its steep revenue decline have left investors high and dry. The stock has lost 8% in the past six months in contrast to the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.