Japan's Sony raises forecast on solid results in its game business
Thursday, 13 February 2025 () Japanese electronics and entertainment company Sony is reporting a 3% gain in October-December profit, and raised its full-year forecast. It said Thursday that quarterly profit totaled 373.7 billion yen, or $2.4 billion, up from 364 billion yen. Quarterly sales edged up 18%, boosted by solid results in its financial services, games and music operations. The Tokyo-based maker of the PlayStation video game machine reported a 21% gain in April-December profit at 943.9 billion yen, or $6 billion. The annual profit forecast revision was caused by a favorable currency exchange rate, as well as growing sales in network services, according to Sony.
Japanese electronics and entertainment company Sony is reporting a 3% gain in October-December profit, and raised its full-year forecast. It said Thursday that... SeattlePI.com
Thursday, 13 February 2025 ()
