Sony Raises 2024 Outlook as Gaming, Music Boost Q3 Revenue 18% to $29 Billion
The Japanese multinational conglomerate's quarterly results were weighed down by an 18% drop in operating profit at Sony Pictures Entertainment
Sony Earnings Surge on Gaming and Music, Pictures Take a Hit
Sony Group Corporation turned in a strong third quarter for 2024, riding high on gaming and music while its film unit faced headwinds.
Sony Lifts Forecast on Solid Demand for Games and Music
Sony Group Corp. raised its profit and revenue outlook on sustained games and music sales bolstered by a yearslong spending spree on content.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts,
Sony hikes profit forecast on strong gaming business
Japanese entertainment and electronics giant Sony upgraded its annual net profit forecast to $7.0 billion on Thursday thanks to its strong gaming business.
Sony raises profit forecast on stronger games performance
Sony raised on Thursday its operating profit forecast for the year ending in March by 2% to 1.34 trillion yen ($8.70 billion), citing the strength of its gaming business. Once best known for consumer electronics such as the Walkman,
Sony Raises Earnings Guidance on Strength in Game, Music Businesses
The Japanese entertainment and electronics company raised its annual earnings projections after its third-quarter net profit rose on strength in its game and music businesses.
Sony bets high on gaming profits as PS5 sales exceed expectations
Sony’s gaming division increased its revenue expectation as it maintains high PlayStation 5 sales with increased user counts. According to a Bloomberg report, Sony sold 9.5 million PS5 units during the December quarter,
Sony lifts profit forecast as games business shines
Sony on Thursday raised its operating profit forecast for the year ending in March by 2% to 1.34 trillion yen ($8.70 billion) as it reported strong growth at its key gaming unit. Once best known for consumer electronics such as the Walkman,
Sony hikes profit outlook amid gaming segment strength
Sony (NYSE:SONY) raised its operating profit forecast for the fiscal year ending in March after reporting strong performance from its gaming division.
Sony hikes profit forecast on stronger games performance
Sony on Thursday hiked its operating profit forecast for the year ending March by 2% to 1.34 trillion yen ($8.70 billion), ...
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The Afeela EV Adds To Sony Group's Conglomerate
Sony Group Corporation has a history of moderate total growth, mixed across well-performing PlayStation, Sony Music, and semiconductor earnings but more stagnant in other segments. The Afeela EV ...
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Sony Will Help Fund and Publish New Games from FromSoftware Parent Company
FromSoftware parent company Kadokawa reveals that its future game projects will be funded and published in collaboration with ...
Sony's Totoki takes CEO role, cementing leadership position
Sony Group President Hiroki Totoki will add the CEO role from April 1, while incumbent Chairman and CEO Kenichiro Yoshida ...
Yahoo Finance15d
Sony’s Hiroki Totoki Elevated to CEO as Kenichiro Yoshida Steps Down After 7 Years
Sony President Hiroki Totoki has been named the new CEO of the Japanese tech conglomerate, taking over from chairman Kenichiro Yoshida as part of a leadership shuffle. Totoki, who previously ...