To look at the headline numbers, Ericsson’s second quarter was steady on a revenue front and saw decent earnings growth. For the quarter ended June 30, the Swedish telco equipment manufacturer reported revenue dropped 1% to just under SEK55 billion, earnings before interest and tax (EBIT) jumped 51% to SEK5.8 billion, and net income increased by the same percentage to SEK3.9 billion.

Read full article on ZDNet