Amid what it describes as generally "tough" market conditions, Ericsson reported Q3 2017 net sales of SEK 47.8 billion, down 6% year-over-year on a reported basis and down 3% when adjusted for comparable units and currency.
Gross margin was 25.4%, a decline from 28.3% a year earlier. There was an operating loss of SEK -4.8 billion, also a decline from a year earlier.
Börje Ekholm, President and CEO of Ericsson, stated: "The general market conditions...
