Sony raises guidance on gaming strength, quarterly operating profit beats estimates
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Sony has raised its fiscal 2025 revenue target to 12.7 trillion yen ($83 billion) and reported a 73% year-over-year increase in operating income for the September quarter, surpassing expectations.
November 08, 2024 | 1:45 pm
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Sony has increased its fiscal 2025 revenue target to 12.7 trillion yen ($83 billion) and reported a 73% year-over-year increase in operating income for the September quarter, exceeding market expectations.
Sony's significant increase in operating income and upward revision of its revenue target indicate strong business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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