Ericsson rises 8.5% as networking, higher margins drive strong Q4

  • Ericsson (NASDAQ:ERIC) is up 8.5% after topping expectations with its fourth-quarter earnings, riding momentum from 5G networking contracts amid a ban on Chinese rival Huawei in several countries.
  • Revenues jumped 13% to 69.6B Swedish kronor. Perhaps more important, gross margin improved by nearly

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