Ericsson (ERIC) reported Q2 earnings Tuesday of 1.37 Swedish krona ($0.14) per diluted share, swinging from a loss of 3.34 krona a year earlier.

Analysts polled by FactSet expected EPS of 1.10 krona.

Net sales for the quarter ended June 30 were 56.13 billion krona, down from 59.85 billion krona a year earlier.

Analysts surveyed by FactSet expected 59.11 billion krona.

The company's shares were down 1.9% in recent premarket activity.