Ericsson has released its Q2 2024 financial results, reporting a 7% year-over-year decline in sales, though the market area North America grew by 14%. The company’s total reported sales for the quarter stood at SEK 59.8 billion, down from SEK 64.4 billion in the same period last year.
Despite the decline in sales, Ericsson saw an improvement in adjusted gross income, which increased to SEK 26.3 billion from SEK 24.7 billion, driven by a strong...
