The third-quarter financial results for Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) were disclosed before the market opened.
Revenues for the quarter totaled $5.15 billion, surpassing the market projection of $5.1 billion.
The company reported a net income of $0.12 per share for the quarter, exceeding the anticipated profit consensus of $0.09.
Revenue saw a 0.4 percent uptick, while earnings grew by 71.4 percent during the quarter.
