STOCKHOLM (AP) _ Ericsson (ERIC) on Tuesday reported fourth-quarter earnings of $1.14 billion.
On a per-share basis, the Stockholm-based company said it had net income of 34 cents. Earnings, adjusted for restructuring costs and amortization costs, were 36 cents per share.
The telecommunications equipment provider posted revenue of $8.06 billion in the period.
For the year, the company reported profit of $2.65 billion, or 79 cents per share. Revenue was reported as $27.08 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ERIC at https://www.zacks.com/ap/ERIC
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News