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Home - Carriers - Ericsson Profit Misses Estimates on Job-Cut Costs, Slower Services Growth
CarriersNetwork Infrastructure

Ericsson Profit Misses Estimates on Job-Cut Costs, Slower Services Growth

by rcrwirelessadmin July 21, 2011
written by rcrwirelessadmin July 21, 2011 Share
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Bloomberg | July 21, 2011 | Diana ben-Aaron

Ericsson AB, the largest maker of wireless networks, reported profit that missed analysts’ estimates on a job-cut charge and said U.S. spending was slowing, sending the stock to its biggest drop since 2009.

Read the full article here via Bloomberg

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