Ericsson (ERIC) reported a soft fourth-quarter 2024 results, with both top and bottom lines missing the Zacks Consensus Estimate. However, the company reported marginal year-over-year top-line growth. Despite solid demand in North America, weakness in the Middle East, Africa, South East Asia, Oceania and India regions affected top-line growth.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Higher IPR licensing revenues, cost optimization and a robust portfolio boosted the gross marg ...

Ericsson Fourth quarter 2024 January 24, 2025 © Telefonaktiebolaget LM Ericsson 2025 | Fourth quarter report 2024 | January 24, 2025 Fourth quarter 2024 This presentation contains forward-looking statements. Such statements are based on our current expectations and are subject to risks and uncertainties that could materially affect our business and results. Please read our earnings reports and our most recent annual report for a better understanding of these risks and uncertainties and please see the last p ...

Financial Data and Key Metrics - The company delivered solid Q4 results, indicating strong performance in the quarter [5] Business Line Data and Key Metrics - Momentum around programmable networks and new ways to monetize them continues to build up, suggesting growth in this segment [5] Market Data and Key Metrics - No specific market data or key metrics mentioned in the provided content Company Strategy and Industry Competition - The company made good progress against its strategic priorities in 2024, indicating a focus on strategic initiatives [5] Management Commentary on Operating Environment and Future Outlook - No specific commentary on the operating environment or future outlook mentioned in the provided content Other Important Information - The call includes forward-looking statements based on current expectations and planning assumptions, subject to risks and uncertainties [3] Summary of Q&A Session - No Q&A session details provided in the content

Strategic Highlights - The company continues to deliver on its strategic and operational priorities, with a strong focus on programmable networks and differentiated performance [1] - Momentum around programmable networks is building, with customers increasingly recognizing the benefits of making mobile networks accessible through APIs [3] - The company signed an open programmable network deal with MasOrange, marking a first for Europe [3] Financial Performance - Q4 2024 - Sales increased by 2% YoY, with 54% growth in the North America market area [6] - Adjusted gross income increased to SEK 33.7 billion, driven by strong expansion in Networks adjusted gross margin to 49.1% [6] - Adjusted EBITA was SEK 10.2 billion, with a 14.1% margin, benefiting from higher gross income and cost actions [6] - Net income was SEK 4.9 billion, with diluted EPS of SEK 1.44 [6] - Free cash flow before M&A was SEK 15.8 billion, supported by earnings growth and improved working capital [6] Financial Performance - Full Year 2024 - Sales declined by 5%, impacted by a 6% sales decrease in Networks [6] - Adjusted gross income increased to SEK 111.4 billion, with an increased contribution from all segments [6] - Adjusted EBITA was SEK 27.2 billion, with an adjusted EBITA margin of 11.0% [6] - Net income was SEK 0.4 billion, with diluted EPS of SEK 0.01 [6] - Free cash flow before M&A was SEK 40.0 billion, benefiting from market mix and customer payment phasing [6] - Net cash at year-end 2024 was SEK 37.8 billion [6] Market and Operational Highlights - The overall RAN market is stabilizing, with strong growth in North America supporting a return to Networks sales growth in Q4 [4] - The company launched new 5G Advanced software in October, maintaining leadership in programmable networks [6] - Growing interest in network APIs, with financial fraud protection and Quality on Demand applications in focus [6] - A further patent licensing agreement was signed in Q4, with strong IPR revenue generation in 2024 [6] Future Outlook - In 2025, the company will continue to benefit from its product leadership position in Networks, with the best performance and energy efficiency in the industry [5] - The priority in Enterprise remains stabilizing the commercial performance in the current portfolio and driving growth in areas such as mission-critical and enterprise private networks [5] - The company is committed to putting high-performing, programmable, and differentiated networks at the center of the digitalization of enterprise and society [5] Financial Metrics - Q4 2024 vs. Q4 2023 - Net sales: SEK 72.9 billion vs. SEK 71.9 billion, a 1% increase [8] - Adjusted gross margin: 46.3% vs. 41.1% [8] - Adjusted EBITA: SEK 10.2 billion vs. SEK 8.2 billion, a 25% increase [8] - Net income: SEK 4.9 billion vs. SEK 3.4 billion, a 43% increase [8] - Free cash flow before M&A: SEK 15.8 billion vs. SEK 12.5 billion, a 27% increase [8] Financial Metrics - Full Year 2024 vs. Full Year 2023 - Net sales: SEK 247.9 billion vs. SEK 263.4 billion, a 6% decrease [8] - Adjusted gross margin: 44.9% vs. 39.6% [8] - Adjusted EBITA: SEK 27.2 billion vs. SEK 21.4 billion, a 27% increase [8] - Net income: SEK 0.4 billion vs. SEK -26.1 billion [8] - Free cash flow before M&A: SEK 40.0 billion vs. SEK -1.1 billion [8]

Ericsson (ERIC) recently announced that it has been selected by the British telecommunications company, Three UK, to develop its next-generation, cloud-native core network. This collaborative effort aims to more than triple Three UK’s core capacity to 9 terabits per second (Tbps), positioning the upgraded network as the largest of its kind in Europe.Digging Deep Into ERIC- Three UK CollaborationAn exponential growth in streaming services, gaming and home broadband has led to a surge in data traffic.  Data u ...

HOLMDEL, N.J., Jan. 21, 2025 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), today announced that it has achieved SOC 2 Type II compliance for its Vonage Network APIs. Vonage is one of the first network API providers to earn this certification, further highlighting its commitment to data security, operational transparency and customer trust. SOC 2 Type II compliance is a rigorous security standar ...

Ericsson (ERIC) is set to release fourth-quarter 2024 results on Jan. 24, before the opening bell. In the last reported quarter, the wireless equipment provider surpassed the Zacks Consensus Estimate by 2 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company is expected to report top-line growth year over year in the fourth quarter of 2024, backed by several customer wins and growing network investments. Strong focus on innovation, initiative to improve working capital m ...

Ericsson (ERIC) recently introduced its new generative AI-driven NetCloud Assistant (ANA), a virtual expert designed to simplify the management of enterprise 5G networks. Unlike traditional chatbots that rely on search engines for pre-existing content, ANA provides personalized responses by correlating information from multiple technical documents alongside real-time insights from the customer's specific network, transforming days of work into seconds.Elaborating Further on ERIC’s AI-Driven Virtual Assistan ...

Report to be released at approximately 7:00 AM CET on January 24, 2025 One live video webcast for analysts, investors, and journalists at 9:00 AM CETSTOCKHOLM, Jan. 9, 2025 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2024 will be published at approximately 7:00 AM CET on January 24, 2025. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Following publication of the press release, the financial report w ...

Company Overview - Aduna is a new venture formed by global telecom providers and Ericsson, aimed at revolutionizing the network API market [1][7] - The company's name, Aduna, is derived from the Latin word meaning "many entities uniting as one" [1] - Aduna's initial partners include major telecom operators such as América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon, and Vodafone [7] Leadership and Vision - Anthony Bartolo has been appointed as the CEO of Aduna, bringing over 30 years of experience in scaling global businesses and driving commercial strategies [2] - Bartolo previously served as COO at Vonage and Bandwidth, and as Executive Vice President and Chief Product Officer at Avaya, where he led the transition to a SaaS-based business model, resulting in an 11-fold increase in annual recurring revenue [3] - Bartolo's leadership at Tata Communications included expanding the company's global footprint and securing strategic partnerships [4] - Aduna's vision is to provide developers with ubiquitous access to open, programmable network functionality through common APIs, enabling global hyperscale innovation and value creation for enterprises and the telecom industry [5][6] Business Strategy and Market Impact - Aduna will combine and sell network APIs globally, aiming to make new applications work seamlessly across any network, thereby accelerating developer innovation [5] - The venture will provide network APIs to a broad ecosystem of developer platforms, based on the existing CAMARA APIs, which are widely used across the industry [5] - By offering standardized network APIs, Aduna aims to enhance user experiences, open new revenue streams, and drive industry growth [7] - The venture is expected to close later this year, pending regulatory approvals and customary conditions [6] Industry Collaboration - Aduna represents a collaboration between Ericsson and leading global telecom operators, signaling a unified effort to redefine the telecom industry through network APIs [7][8] - The venture is set to usher in a new era of digital services by promoting collaboration and innovation across the telecom ecosystem [7]