Ericsson Q3 Revenue and Adjusted EBITA Beat Estimates; Q4 Guidance Tops Consensus
Inderes analyst Atte Riikola says Ericsson's third-quarter revenue rose 6% to 59.5 billion Swedish kronor, above the 55.4 billion consensus. Adjusted EBITA rose to 9.0 billion; fourth-quarter guidance was also better than consensus.
Ericsson’s third-quarter results came in clearly ahead of expectations, while its fourth-quarter guidance also surpassed consensus, Inderes analyst Atte Riikola writes. 4 billion kronor. 0 billion…