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home / articles / TECH - Why Ericsson Stock Is Falling Today | Benzinga

TECH - Why Ericsson Stock Is Falling Today | Benzinga

Bio-Techne Corp

Ericsson (NASDAQ: ERIC) stock is trading lower Tuesday morning after it reported its third-quarter FY23 results. The company reported a sales decline of 5% year-on-year to SEK 64.5 billion ($5.96) billion, missing the consensus of $6.27 billion.

Group organic sales declined by 10% Y/Y. Networks' organic sales decreased by 16%, partly offset by 5% growth in Cloud Software ...

Full story available on Benzinga.com
Stock Information
Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com
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