Update: Ericsson Q3 Earnings Fall, Sales Rise

03:41 AM EDT, 10/15/2026 (MT Newswires) -- (Updates to include the APAC plan in the last two paragraphs.) Ericsson (ERIC) reported Q3 earnings Thursday of 1.77 Swedish krona ($0.18) per diluted share, down from 3.33 krona a year earlier. Analysts polled by FactSet expected 1.44 krona. Net sales for the quarter ended Sept. 30 were 59.48 billion krona, up from 56.24 billion krona a year earlier. Analysts expected 55.28 billion krona. The company also announced plans to establish a new Asia-Pacific market area from Jan. 1, combining its existing North East Asia and South East Asia, Oceania and India market areas for operational efficiency across the regions. Patrick Johansson, currently head of market Area Europe, Middle East and Africa, will lead the new market area APAC unit, the company said.