Sony's stock surged 6.30% in a 24-hour period, following the release of its strong fiscal first-quarter results and an upward revision of its full-year profit forecast. The Japanese technology and entertainment giant demonstrated resilience in its core businesses, particularly in gaming and imaging, despite ongoing global economic challenges.

In its quarterly report, Sony revealed that its attributable profit rose 23% to 259 billion yen, surpassing analyst expectations. The company's earnings per share increased to 42.84 yen from 34.37 yen a year earlier. Operating income saw a significant jump of 37% to about 340 billion yen, primarily driven by strong performance in its game and network services and imaging and sensing business segments.

Adding to the positive sentiment, Sony raised its full-year profit forecast for the fiscal year ending March 31, 2026. The company now projects an attributable profit of 970 billion yen, up from its previous estimate of 930 billion yen. This upward revision, along with an expected 4.2% rise in operating income to 1.330 trillion yen, signals management's confidence in the company's growth trajectory. Notably, Sony's gaming segment continues to show strong momentum, with rising monthly active users and total gameplay hours across PlayStation users, prompting a 4% upward revision in the segment's estimated operating income.