Categories Earnings, Technology

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 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

Most Popular

NFLX Earnings: Netflix Q1 2025 revenue and profit beat estimates

Netflix, Inc. (NASDAQ: NFLX) on Thursday reported stronger-than-expected revenue and earnings for the first quarter of 2025, as its subscriber base continued to expand. Both revenue and the bottom line

Another tough quarter in the cards as Intel prepares for Q1 2025 earnings

Intel Corporation (NASDAQ: INTC) has been facing intense competition from rivals Nvidia in AI chips and AMD in CPUs, lately. The Semiconductor giant issued weak guidance after reporting lower revenues

What to expect when American Airlines (AAL) reports Q1 2025 earnings results

Shares of American Airlines Group (NASDAQ: AAL) stayed red on Thursday. The stock has dropped 48% over the past three months. The airline is slated to report its earnings results

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top