Sony Q3 Profit Down 7.8%, but Beats Analysts' Estimates
Reuters2023-02-02
TOKYO, Feb 2 (Reuters) - Japan's Sony Group Corp posted a 7.8% fall in quarterly operating profit on Thursday as its film division fared worse than a year ago, when a blockbuster "Spider-Man: No Way Home" movie drove its profit.
The electronics and entertainment giant's operating profit came to 428.7 billion yen ($3.33 billion) in October-December, down from a 465.2 billion yen profit a year earlier. The result exceeded analysts' average estimate of a 380.4 billion yen profit, according to Refinitiv data.
($1 = 128.6100 yen)
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