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EricssonCNBC
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77% Informative
Swedish telecom firm Ericsson shares jump amid third-quarter core earnings that surpassed analyst expectations.
North America emerged as a bright spot in the sales picture, with year-on-year growth of more than 50% .
The results mark a rebound for Ericsson , which has been contending with slowing demand for its 5 G equipment.
The company's stock had edged up near 9% at 8:28 a.m. time, before lightly paring gains to 7% .
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