Telefonaktiebolaget LM Ericsson (publ) reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was SEK 53,325 million compared to SEK 62,553 million a year ago. Net income was SEK 2,559 million compared to SEK 1,516 million a year ago.

Basic earnings per share from continuing operations was SEK 0.77 compared to SEK 0.46 a year ago. Diluted earnings per share from continuing operations was SEK 0.77 compared to SEK 0.45 a year ago.