Ericsson profit beats forecast in second quarter
ERIC•Second-quarter profit tops expectations
Stockholm, July 14 (Reuters) - Sweden's Ericsson reported a second-quarter core profit above market expectations on Tuesday, as telecom equipment customers in regions outside North American markets placed more orders.
The company reported an adjusted operating profit of 6.52 billion Swedish crowns ($671.70 million), excluding restructuring charges, for the second quarter, while analysts on average expected 6.42 billion, according to an LSEG poll.
($1 = 9.7067 Swedish crowns)



