“Nintendo hikes profit forecast as Mario movie, Zelda game breathe new life into Switch console”
November 7, 2023
“Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday, as it continues to get a bump from the “Super Mario Bros. Movie” and flagship Zelda game released this year.
Here’s how Nintendo did in its fiscal second quarter versus LSEG estimates:
- Revenue: 334.9 billion Japanese yen ($2.2 billion) versus 317.3 billion yen expected.
- Net profit: 90.3 billion yen versus 75.7 billion yen expected
Nintendo’s revenue fell 4% year-on-year and its profit dropped 19%…”
https://www.cnbc.com/2023/11/07/nintendo-ntdoy-earnings-report-q2-2024.html