Sony Corp (SNE): Q3 2019 Earnings Snapshot

— Sony Corp (NYSE: SNE) reported earnings of 182.89 yen per share for the third quarter of 2019, down from 330.77 yen per share reported a year earlier. — Net income attributable to shareholders decreased 46% to 229.5 billion yen from $429 billion yen in the third quarter of 2018 — Sales & operating revenue […]

$SNE February 4, 2020 1 min read

NYSE

$SNE · Earnings

“
— Sony Corp (NYSE: SNE) reported earnings of 182.89 yen per share for the third quarter of 2019, down from 330.77 yen per share reported a year earlier. — Net income attributable to shareholders decreased 46% to 229.5 billion yen from $429 billion yen in the third quarter of 2018 — Sales & operating revenue […]
· February 4, 2020

— Sony Corp (NYSE: SNE) reported earnings of 182.89 yen per share for the third quarter of 2019, down from 330.77 yen per share reported a year earlier.

— Net income attributable to shareholders decreased 46% to 229.5 billion yen from $429 billion yen in the third quarter of 2018

— Sales & operating revenue advanced 3% annually to 2,463.2 billion yen, aided by an increase in Financial Services and I&SS segment sales

— Game & Network Services revenues more than halved during the quarter, while Music sales increased by 8%

— Pictures revenues dropped 42%, and Electronics Products &
Solutions revenue was down 62%

— Operating income declined 20% annually to 300.1 billion yen, hurt by a decline in the Music segment

— Expects full-year 2019 sales & operating revenue to be 8,500 billion yen, which is above the earlier estimate

— Looking for full-year operating income of 880 billion yen, up from the earlier forecast

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Related Articles

Avient Powers Through 2025 on Non-PFAS Innovation and SEM Momentum, Sets Sights on 2026 Growth

Johnson Outdoors Hooks 31% Revenue Gain, Operating Loss Narrows

JCI Shares Jump After Strong Earnings