Ericsson announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced sales was SEK 63,809 million compared to SEK 57,881 million a year ago. Operating income was SEK 1,852 million compared to SEK 19,278 million a year ago. Net loss was SEK 6,497 million compared to SEK 18,493 million a year ago. Basic earnings per share was SEK 1.99 compared to SEK 5.63 a year ago. For the full year, sales was SEK 210,838 million compared to SEK 205,378 million a year ago. Operating income was SEK 1,242 million compared to operating loss of SEK 34,743 million a year ago. Net loss was SEK 6,276 million compared to SEK 32,433 million a year ago. Basic loss per share was SEK 1.98 compared to SEK 9.94 a year ago.