Published on 18 Oct 2023 on Insider Monkey via Yahoo Finance

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2023 Earnings Call Transcript

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2023 Earnings Call Transcript October 17, 2023

Telefonaktiebolaget LM Ericsson (publ) beats earnings expectations. Reported EPS is $0.08, expectations were $0.07.

Peter Nyquist: Hello, everyone, and welcome today's Ericsson's Third Quarter 2023 Results. With me today I have here Nyquist; our CFO, Carl Mellander; and direct from New York, I have our CEO, Borje Ekholm. Last week, Thursday, we preannounced our Q3 numbers as we announced impairment of goodwill attributed to our acquisition of Vonage. Today however, we will not only give you more details around the Q3 report and expectations going forward, we will actually also spend some time talking about our GMP strategy. So we'll start with Borje summarizing Q3and then we'll talk more about the GMP strategy and then call will return back and give more details around the Q3 result and expectations going forward. As usual, we will end the presentation with a Q&A session.