Communication Equipment Stocks: Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Infinera …

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) has announced it will strengthen its TV and media operations in the UK by establishing a new broadcast and media facility at MediaCityUK, Salford. The 24-hour centre will deliver media management services for clients like the BBC and ITV. On Tuesday shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) closed at $7.88. Company’s sales growth for last 5 years was 4.00% and EPS growth for next 5 years is recorded as 0.01%. On 27 April, Infinera Corporation (NASDAQ:INFN) reported GAAP revenue for the quarter was $244.8 million compared to $260.0 million in the fourth quarter of 2015 and $186.9 million in the first quarter of 2015. GAAP gross margin for the quarter was 47.5% compared to 44.5% in the fourth quarter of 2015 and 47.2% in the first…


Link to Full Article: Communication Equipment Stocks: Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Infinera …

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