US Stock Movement | LM Ericsson Telephone (ERIC.US) Extends Gains, Rises Over 4%

Stock News01-27

Following a significant surge of nearly 9% last Friday, LM Ericsson Telephone (ERIC.US) continued its upward trajectory this week, with its stock price climbing over 4% on Tuesday to close at $11.12. The company recently released a robust financial report for the fourth quarter of its 2025 fiscal year. Ericsson's adjusted EBITA for the quarter reached SEK 12.7 billion, marking a substantial 24% increase compared to the same period last year and significantly surpassing analyst estimates of SEK 10.5 billion. Furthermore, its adjusted EBITA margin improved to 18.3%. Additionally, Ericsson announced it will propose an annual dividend of SEK 3 per share for 2025 and launch a new share repurchase program worth SEK 15 billion. Notably, this marks the first time in the company's history that it has proposed a share buyback program of this magnitude.

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