| Home Page : Archive News : January 2013 News : Ericsson posts Q4 loss, but sales up | |
Ericsson posts Q4 loss, but sales up | |
|
January 31, 2013 STOCKHOLM-- Wireless equipment maker Ericsson posted a 6.46 billion kronor loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband networks. Ericsson shares rose 9 percent to 73.10 kronor in Stockholm after the report, which was stronger than many investors had expected. Source: http://www.cnbc.com/id/100422361 |
|
