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Ericsson shares jump 7% on third-quarter beat, growth in North America sales

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Summary
Nutrition label

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% .

VR Score

87

Informative language

94

Neutral language

34

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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