Ericsson : Q3 2024 results above expectations thanks to AT&T contract and a new licence, the rest remains complicated
>Q3 2024 results above expectations, driven by Networks in North America and a new IPR licensing agreement, the rest of the business remains complicated - Q3 2024 revenues were SEK 61.8bn, slightly above Infront Data consensus at SEK 61.5bn, but down 1% organically, with all divisions (Networks, Cloud Software and Services) down 1%. A new 5G patent licensing agreement was signed in the quarter and IPR licensing revenues increased to SEK 3.5bn, part of which related ...Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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