Ericsson shares are trading lower after the company's second-quarterly earnings missed consensus and disclosed a cautious Q3 outlook.
Portfolio Pulse from Benzinga Newsdesk
Ericsson's Q2 earnings missed consensus and the company has disclosed a cautious Q3 outlook, leading to a drop in its share price.
July 14, 2023 | 9:11 am
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Ericsson's shares are trading lower after the company's Q2 earnings missed consensus and a cautious Q3 outlook was disclosed.
Ericsson's Q2 earnings missed the consensus, which is a negative signal to investors. Additionally, the company's cautious Q3 outlook suggests potential challenges ahead, which could further impact investor sentiment and the stock price.
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