Telefonaktiebolaget LM Ericsson (publ) reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 85,980 million compared to SEK 71,332 million a year ago. Net income was SEK 6,066 million compared to SEK 10,076 million a year ago. Basic earnings per share from continuing operations was SEK 1.82 compared to SEK 3.03 a year ago. Diluted earnings per share from continuing operations was SEK 1.82 compared to SEK 3.02 a year ago.
For the full year, sales was SEK 271,546 million compared to SEK 232,314 million a year ago. Net income was SEK 18,724 million compared to SEK 22,694 million a year ago. Basic earnings per share from continuing operations was SEK 5.62 compared to SEK 6.82 a year ago. Diluted earnings per share from continuing operations was SEK 5.62 compared to SEK 6.81 a year ago.