On October 15th, Ericsson released its financial report for the third quarter of 2024. According to the financial report, Ericsson's net sales in the third quarter were SEK 61.8 billion, a year-on-year decrease of 4%; Net profit was 3.9 billion Swedish kronor, compared to -30.5 billion Swedish kronor in the same period last year; The EBITA was SEK 6.2 billion, a year-on-year increase of 62%.