Ericsson (ERIC) reported Q1 earnings Tuesday of 1.24 Swedish krona ($0.13) per diluted share, up from 0.77 krona a year earlier.

Analysts polled by FactSet expected 0.70 korna.

Net sales for the quarter ended March 31 were 55.03 billion krona, up from 53.33 billion krona a year earlier.

Analysts surveyed by FactSet expected 51.89 billion krona.

Shares of the Swedish telecommunications company were up 6.6% in recent premarket activity.