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Sony Q3 Profit Surges - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Sony Corp (SNE) reported third quarter net income attributable to Sony Corp shareholders of 79.17 billion yen or 78.76 yen per share, compared to 10.4 billion yen or 9.98 yen per share last year.

In U.S. dollar basis, the company posted net income attributable to Sony Corp shareholders of US$861 million or US$0.86 per share for the quarter.

Sales and operating revenue grew to 2.24 trillion yen from 2.15 trillion yen in the same quarter a year earlier.

On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of US$0.07 per share, on revenues of US$25.51 billion. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2010, Sony now projects net loss attributable to Sony corporation shareholders of 70 billion yen, compared to 95 billion yen loss expected earlier. The company continues to see full-year sales and operating revenue of 7.3 trillion yen.

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