Ericsson reported SEK 11.4 billion impairment for the second quarter of 2024. Recorded an impairment charge in second quarter, as market growth in the current business has slowed, and the company must now refocus on improving performance. Excluding the non-cash impairment recorded in the second quarter 2024, relating to the impairment of intangible assets mainly attributed to the Vonage acquisition.
Real-time Estimate
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5-day change | 1st Jan Change | ||
69.1 SEK | +1.74% | +5.86% | +9.94% |
12:20pm | Ericsson's Q2 Loss Widens, Revenue Falls | MT |
12:16pm | Vonage Weighs on Ericsson's First Half Results; North America Sales Return to Growth | MT |
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1st Jan change | Capi. | |
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+10.66% | 21.59B | |
-7.44% | 188B | |
+52.69% | 113B | |
+90.21% | 78.73B | |
+24.15% | 64.83B | |
+29.73% | 32.03B | |
+90.03% | 23.19B | |
+18.89% | 21.63B | |
+9.97% | 18.02B | |
+26.05% | 12.08B |
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