Dow Jones Newswires: Ericsson profit misses forecasts amid ‘challenging conditions’

By Dominic Chopping

STOCKHOLM–Ericsson AB on Thursday posted a second-quarter net profit that missed expectations, but said it continued to see strong 5G sales momentum in North America and Europe.

The Swedish telecommunications-equipment company reported net profit attributable to shareholders of 4.5 billion Swedish kronor ($426.3 million),…