The Sony Playstation games are shown in the Best Buy store on December 17, 2024 in San Rafael, California.
Justin Sullivan | Getty Images
Sony increased the forecasts of revenue and profit throughout the year on Thursday after reporting a significant jump in the fiscal third quarter game.
Here’s how Sony did in December compared to estimates of analysts compiled by LSEG:
- Revenue: 4,41 trillion of Japanese Jen ($ 28.6 billion), compared to 3.77 trillion yen. This increased by 18% compared to one year and defeated the expectations of analysts.
- Operational income: 469.3 billion yen, opposite 404.21 billion yen. This is more than 1% of years, and is also at the top of an analyst assessment.
Sony said he expects sales for his fiscal all year long 2024. The Japanese technological giant also increased its prospects for the annual operational profit by 2% to 1.34 trillion yen.
The company noted that sales in its division for games and network services were 237.9 billion in a fiscal third quarter, growing 16% compared to the year. This is strengthened by increasing sales and consoles and non-first game titles, including additional content.
In December, Sony sold 9.5 million units of its PlayStation 5 console, compared to 8.2 million in the same period a year ago.
December of the quarter is a key period for Sony, which covers the popular holiday season, which is often a lucrative time for consumer electronics companies.
In the previous trimester Sony raised his guidelines for sale for 2025. Fiscal year, revising its forecast due to revenue slightly up to 12.7 trillion of 12.6 trillion yen.
All eyes were on Sony’s job with a hardware for games on Thursday. In its fiscal second quarter, the company said it sold 3.8 million units of its PlayStation 5 console, which is less than 22% compared to the year.
Last year, Sony released the PlayStation 5 Pro, an upgraded version of its PS5 machinery that has been released since November 2020.
Rival Nintendo reported Weaker than expected results in a fiscal third quarter and reduced its forecast for a switching console. Japanese giant giant last month teasing a A heir to the switch called switch 2. This still has to announce the price or date date, but he said that more details would be discovered on April 2.
