Not only is Ericsson is selling more, but it is also earning more from each sale, with gross margins rising to 40.6% in the quarter from 36.8% a year earlier. Margins are now at levels of a decade ago, having recovered from the low-20%s in 2017.
from Gadgets Now https://ift.tt/3qZI0qq
Friday, January 29, 2021
Ericsson's quarterly results beat forecast as 5G lifts off
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment