Sony announced on Friday that its first-quarter operating profit rose by 40%, surpassing analyst expectations. The profit for the April-to-June period reached 476.5 billion yen ($2.97 billion). This compares to the average forecast of 361 billion yen from 11 analysts surveyed by the London Stock Exchange Group (LSEG).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.