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General

Sony revenues increase in Q3, raises FY target on sensors demand

Tuesday 4 February 2020 | 12:00 CET | News
Sony grew revenues in its fiscal third quarter to December, but profit fell, mainly on the back of losses in the Music segment, as well as the company's Games & Network Services and Pictures segments. Revenues for the quarter rose 3 percent from the year earlier to JPY 2.463 trillion, while the operating profit sank 20 percent to JPY 300.1 billion, and the net profit almost halved to JPY 229.5 billion or JPY 182.89 per diluted share. On a constant currency basis, revenues increased by 6 percent.   

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Categories: General
Companies: Sony
Countries: World
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