Gizmo_Duck
blathering blatherskite!
https://www.wsj.com/business/sony-group-shares-hit-record-closing-high-3035c869?mod=latest_headlines
The stock has been rising sharply in recent weeks after the Japanese entertainment and electronics company announced strong results for the three months ended September. Last month, Sony reported a 69% jump in quarterly net profit to 338.50 billion yen, equivalent to $2.24 billion, driven by the strength of its game business.
Operating profit for its games business more than doubled, thanks to higher sales from software and network services, as well as an improvement in hardware profitability.
Sony raised its revenue forecast for the year ending March 2025, expecting higher game revenue.
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