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News 2026-10-15 07:23 UTC

BUZZ — Ericsson tops STOXX 600 after Q3 beat 'well above normal seasonality'

* Shares in Ericsson rise about 9% after the Swedish telecom gear maker reported Q3 results above estimates * Its quarterly net sales SEK 59.5 billion ($5.9 billion) beat LSEG poll of SEK 55.4 billion * Jefferies says this is "well above normal seasonality", adding the strength comes mainly from Ericsson's networks uni