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In the early trading session on Tuesday, Ericsson's stock price surged 17.2% after the company reported mixed third-quarter performance: GAAP earnings per share of 33.3 Swedish Krona exceeded expectations, but revenue of 56.2 billion Swedish Krona fell short of expectations. The company expects stable sales in the fourth quarter and will focus on enhancing shareholder returns following recent asset divestitures that strengthened its cash position
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