Jeff Bezos' Next Trillion Dollar Bet (shocking)

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Telefonaktiebolaget LM Ericsson (publ)
NASDAQ:ERIC
$4.93

Financials

Curr Year EPS Estimate0.73
Next Quarter EPS Estimate0.13
Profit Margin0.08
Return on Assets0.07
Return on Equity0.21
Earnings Per Share-0.72
Gross Profit94,449,000,000
Quarterly Revenue Growth0.05

General

NameTelefonaktiebolaget LM Ericsson (publ)
TickerERIC
ExchangeNASDAQ
SectorTechnology
IndustryCommunication Equipment
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees100,824

About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for service providers. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers hardware, software, and related services for radio access and transport, as well as related services, such as design, tuning, network rollout, and customer support. The Digital Services segment provides products and services for operators in the areas of business support systems, operations support systems, cloud core, cloud communication, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment offers networks and IT managed, network design and optimization, and application development and maintenance services to operators. The Emerging Business and Other segment consists of emerging businesses, including Internet of Things; iconectiv; Cradlepoint that provides wireless edge WAN 4G and 5G enterprise solutions; new businesses; Red Bee Media business; and MediaKind platforms for compression video processing and storage. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. The company was founded in 1876 and is headquartered in Stockholm, Sweden.

Dividend

Telefonaktiebolaget LM Ericsson (publ) pays out a dividend of $0.11 per share, with a dividend yield of 5.06%.

ERIC's last dividend payment was made to shareholders on October 15, 2020.

They pay out 42.71% of their earnings out as a dividend.

Recent Dividends

Apr 17, 2024$0.13
Oct 12, 2023$0.12
Oct 4, 2023$0.12
Apr 14, 2023$0.13
Oct 14, 2022$0.11
Apr 13, 2022$0.13
Oct 19, 2021$0.11
Apr 16, 2021$0.12
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