Tuesday, February 4, 2025

Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts (Bloomberg)

Bloomberg:
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts  —  The Kyoto-based company now expects ¥280 billion ($1.8 billion) in operating income in the fiscal year to March, slashing more than a fifth from its prior forecast.



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