Telefonaktiebolaget L M (NASDAQ:ERIC) reported quarterly earnings of $0.13 per share which met the analyst consensus estimate. This is a 7.14 percent decrease over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $5.422 billion which missed the analyst consensus estimate of $5.840 billion by 7.16 percent. This is a 6.54 percent decrease over sales of $5.802 billion the same period last year.