Shares of Finnish telecommunications company Nokia Oyj (NOK) have fallen roughly 4% so far Thursday morning after an earnings outlook revision for the full year. The road to recovery hasn’t panned out how executives had hoped. The original operating profit guidance called for somewhere between 2.3 billion and 2.9 billion euros ($2.50 billion - [...]
The Swedish telecommunications company Ericsson (ERIC) is up more than 13% so far Tuesday morning after posting third-quarter earnings that easily surpassed expectations. The company brought in 7.327 billion Swedish crowns, which works out to roughly $0.7 billion. This was well ahead of the 5.75 billion crown analysts were anticipating for earnings. It was [...]
Cisco Systems Inc. (CSCO) gave an update for the fiscal third quarter along with the current quarter yesterday after the market closed. Shares had rallied as much as 9%, but the stock has actually begun to dip back in the red Thursday morning, down nearly 2% so far today. Much of this is the [...]
AudioCodes (AUDC) once reached a recent high on the stock market of $41/share in 2020. Today, the stock sits at under $10/share. What was once a billion-dollar company is now a troubled company facing declining revenue and internal turmoil - and the 55% decline in the past year reflects that. The company has been [...]
This Thursday trading session could end up being a landmark day for Viasat (VSAT), and not in a good way. The stock is currently on a trajectory for its worst performance in the company’s history - down more than 30%. How’d we get here, though? The company released a statement regarding a malfunctioning communications [...]
