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Ericsson reported a near-tripling of its third-quarter net profit, boosted by a significant one-time gain from the sale of its iconectiv business, even as revenue declined.
Ericsson has finalized the sale of its iconectiv business to Koch Equity Development, completing a divestment aimed at sharpening its focus on its core telecommunications network equipment business.
Ericsson swung to a second-quarter profit as cost-cutting measures boosted margins, even as the Swedish telecommunications-equipment maker's revenue declined.
| 15 May 2025 |
| Ericsson resolves on an acquisition offer for C shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024 | 5 May 2025 |
| Ericsson's Nomination Committee appointed | 30 Apr 2025 |
| Ericsson reports first quarter results 2025 | 15 Apr 2025 |
| Ericsson and Lenovo settle patent litigation | 3 Apr 2025 |