Ericsson For Q3 Expects Similar Market Mix And Trends As In Q2; Expects Q3 EBITA Margin To Be In Line With Or Slightly Higher Than Q2
Portfolio Pulse from Benzinga Newsdesk
Ericsson expects Q3 market trends to be similar to Q2, with an early impact from cost-out execution. The company anticipates Q3 EBITA margin to be in line with or slightly higher than Q2, followed by a stronger Q4.
July 14, 2023 | 7:06 am
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Ericsson expects Q3 EBITA margin to be in line with or slightly higher than Q2, indicating a positive financial performance.
The company's expectation of a similar or slightly higher EBITA margin in Q3 compared to Q2 indicates a positive financial performance. This could potentially lead to an increase in the company's stock price in the short term.
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