Ericsson warns on negative margin impact, shares fall 7%
https://www.reuters.com/article/us-ericsson-results/ericsson-warns-on-negative-margin-impact-shares-fall-7-idUSKCN1UC0G1
Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year.
Ericsson warns on negative margin impact, shares fall 7%
Jul 17, 2019, 10:16am UTC
https://www.reuters.com/article/us-ericsson-results/ericsson-warns-on-negative-margin-impact-shares-fall-7-idUSKCN1UC0G1
>Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year.