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() -- Ericsson (ERIC) reported Q2 earnings Tuesday of 1.22 Swedish krona ($0.13) per diluted share, down from 1.37 krona a year earlier. Analysts surveyed by FactSet expected 1.18 krona. Net sales for the quarter ended June 30 were 52.69 billion krona, down from 56.13 billion krona a year earlier. Analysts polled by Fa
Net Sales: SEK 52.69B (est SEK 53.86B) Adj EBIT: SEK 6.52B (est SEK 6.64B) Adj EBITA: SEK 6.88B (est SEK 6.82B) Adj EBITA Margin: 13.1% (est 12.9%) Adj Gross Margin: 48.4% (est 47.9%) Networks Adj Gross Margin: 50.4% (est 50%) Networks Adj Operating Margin: 17.6% (est 18%) June Comparable Sales: +7.5% Sees Q3 Networks
() -- Morgan Stanley sees investors focusing on Ericsson's (ERIC-B.ST, ERIC-A.ST, ERIBR.HE) third-quarter financial guidance when the company posts its results for the three months ended June 30 on Tuesday. "We expect the sluggish market background to continue, with North American revenues in decline and higher semis i