ERIC

Organic sales grew 7% as adjusted gross margin reached 47.7%. Rising chip costs will require structural customer price increases in 2027.

Ericsson (ERIC) delivered a strong Q3, beating top- and bottom-line estimates with 5.9% revenue growth and a 17% adjusted EBITA margin. Strategic actions—portfolio optimization, price increases, and supply chain efficiencies—helped ERIC mitigate inflation and secure multiyear contracts for future revenue stability. ERIC is proactively restructuring, disbanding its wireless enterprise business and addressing underperformance at Vonage to enhance profitability and R&D outcomes.

Ericsson (NASDAQ:ERIC) shares are trading higher on Thursday after the company reported strong third-quarter earnings and revenue, driven by stronger mobile network demand and tighter cost controls.

Ericsson's Q3 sales and earnings beat Wall Street's expectations, listing share prices by double-digit percentages on Thursday morning. Organic sales rose 7%, led by the Networks segment.

Ericsson delivered better-than-expected quarterly profitability, prompting an upgrade from Sell to Hold based on improved networks and software margins. ERIC's Networks division achieved a 50.3% gross margin, surpassing guidance, while Cloud Software and Services posted a 12.8% adjusted EBITA margin, meeting key thresholds. Despite the margin improvements, concerns remain about 2027 sustainability due to rising component costs, limited pricing power, and non-recurring revenue boosts.

Ericsson (ADR) (NASDAQ:ERIC) shares rose 9% to $10.43 after the Swedish telecommunications equipment maker reported 7% organic sales growth in the third quarter, led by demand for mobile networks. Net sales increased 6% year on year to SEK 59.5 billion in the three months to September, while the Networks division recorded 9% organic growth.

First 7 GHz pre-standard 6G call completed at Verizon's Concord, California commercial site This field validation explores outdoor performance and outside-to-indoor coverage PLANO, Texas, Oct. 15, 2026 /PRNewswire/ -- Verizon (NYSE: VZ) and Ericsson (NASDAQ: ERIC) today announced a global first: successfully completing the first pre-standard 6G field call in the 7 GHz from a Verizon commercial network site in Concord, California. The Ericsson 6G proof-of-concept kit was fully deployed at the site, and test validation was completed, moving 6G from lab integration into a real-world environment where performance can be assessed both outdoors and as signals move from outside in through buildings.

Shares of Telefonaktiebolaget LM Ericsson – ADR (NASDAQ:ERIC) rose sharply in pre-market trading after the company posted upbeat third-quarter results.

Ericsson NASDAQ: ERIC reported third-quarter organic sales growth of 7%, supported by demand in strategic markets, commercial execution and growth across all business segments, President and CEO Per Narvinger said in his first earnings call leading the company.

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q3 2026 Earnings Call Transcript