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Ericsson (ERIC) Q4 net income declined to 1.15B kronor ($170M) vs. consensus estimates of 4.24B...
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Wednesday, January 25, 2012, 2:25 AM ETEricsson (ERIC) Q4 net income declined to 1.15B kronor ($170M) vs. consensus estimates of 4.24B kronor and down from 4.32B kronor a year earlier. Revenue of 63.7B kronor (+1%) falls short of 67.4B kronor consensus. North American customers slowed spending and new upgrade contracts in Europe pared margins.
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