Ericsson second-quarter operating profit matches expectations

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Ericsson second-quarter operating profit matches expectations
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Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line wit...

FILE PHOTO: The exterior of an Ericsson building is seen in Stockholm April 30, 2009. REUTERS/Bob Strong/File Photo

STOCKHOLM - Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America. The Swedish firm posted an operating profit of 3.7 billion crowns against a 0.2 billion profit a year ago, matching the mean forecast for a 3.7 billion profit seen in a poll of analysts.

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