Telefonaktiebolaget L M (NASDAQ:ERIC) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.12 by 18.33 percent. This is a 1320 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $5.80 billion which missed the analyst consensus estimate of $5.94 billion by 2.33 percent. This is a 3.66 percent increase over sales of $5.60 billion the same period last year.