Sony shares rose nearly 4% in premarket trading.
Sony Group Corp. reported strong third-quarter earnings and raised its fiscal-year forecast on Wednesday, propelled by a hit Spider-Man movie and sales of image sensors used in Apple Inc.’s iPhones.
The Japanese electronics and entertainment group reported operating profit of 465.2 billion yen ($4 billion), surpassing average analyst estimates of 342.1 billion yen. The strong figures led Sony to upgrade its operating profit forecast for the year ending March to 1.2 trillion yen, up from the previous 1.04 trillion yen.
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