- Telefonaktiebolaget LM Ericsson press release ( NASDAQ: ERIC ): Q4 GAAP EPS of SEK1.82 misses by SEK0.70 .
- Revenue of SEK86B (+20.6% Y/Y) beats by SEK1.08B .
- Group organic sales grew by 1% YoY., of which IPR revenues contributed with 5 percentage points. Reported sales were SEK 86.0 (71.3) b. of which Vonage contributed SEK 4.1 b.
- The quarter was impacted by an IPR agreement resulting in total IPR revenues of SEK 6.0 (2.4) b. and previously announced charges of SEK -4.0 b., including DOJ provision, IoT divestment and Cloud Software and Services contract and portfolio exits.
- The Board of Directors proposes to the Annual General Meeting a dividend to the shareholders of SEK 2.70 (2.50) per share for the financial year 2022, representing a total dividend of approximately SEK 9.0 (8.3) b. The dividend is proposed to be paid in two installments, SEK 1.35 per share with the record date March 31, 2023, and SEK 1.35 per share with the record date September 29, 2023.
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Telefonaktiebolaget LM Ericsson GAAP EPS of SEK1.82 misses by SEK0.70, revenue of SEK86B beats by SEK1.08B