— Sony Corp (NYSE: SNE) reported a 3% drop in Q2 2019 Sales and operating revenue at 2.12 trillion yen, hurt by a slowdown in the gaming segment.
— Revenue from Gaming and Network services slid 17%, which was partially offset by a 22% gain in the Imaging and Sensing solutions segment.
— Operating income grew 16%, riding on the growth in Imaging and Pictures units.
— Better-than-expected Q2 results prompted an increase in FY19 operating profits to 840 billion yen, compared to the prior estimate of 810 billion yen. Outlook on the topline was, meanwhile, slashed to 8.4 trillion yen, versus the earlier forecast of 8.6 trillion yen.
— SNE share have gained 20% since the start of this year.
Most Popular
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,