LM Ericsson Telephone (Nasdaq: ERIC ) reported earnings on Jan. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), LM Ericsson Telephone missed on revenue and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly, and GAAP earnings per share dropped.
Margins contracted across the board.
Revenue details
LM Ericsson Telephone booked revenue of $9.27 billion. The 23 analysts polled by S&P Capital IQ expected a top line of $9.80 billion. Sales were 0.7% lower than the prior-year quarter's $9.35 billion.
