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flag Ericsson reports a 61% jump in Q1 net profit to $430.7M, driven by North American sales growth.

flag Ericsson reported a 61% increase in Q1 net profit to $430.7 million, with sales up 3% to $5.6 billion. flag The company's strong performance was driven by a 20% sales surge in North America ahead of potential U.S. tariffs. flag Despite global trade tensions, CEO Börje Ekholm highlighted Ericsson's resilience due to its diversified production. flag The company's earnings beat expectations, with core earnings rising 44% year-over-year to $636 million.

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