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Sony's Q2 game/network service sales rise 12% to $7.01B
VentureBeat· 2024-11-08 06:50
Sony reported its sales for its game and network services division were 1,071.5 billion yen ($7.01 billion) for the second fiscal quarter ended September 30, up 12% from a year ago.Operating income for the G&NS division was 138.8 billion yen ($908 million), up 2.8 times from a year ago. Much of the improvement comes from sales of third-party games. Sony said that sales grew because of an increase in third-party game software sales, better foreign exchange rates, an increase in network service sales includin ...
Sony reports 69% jump in operating profit, beating expectations
CNBC· 2024-11-08 06:41
Sony reported a 69% jump in operating profit Thursday, smashing analyst expectations.Here's how the Japanese tech giant did in the September quarter, versus LSEG consensus estimates:Operating profit: 445.1 billion yen ($2.91 billion), versus 336.07 billion yen expected. That's up 69% year-over-year and beats analyst expectations.Last quarter, Sony reported a 10% in operating profit, as the electronics giant's performance was boosted by the release of R&B singer Beyonce's "Cowboy Carter" album.Sony's gaming ...
Swift Navigation Collaborates with Sony Semiconductor Solutions to Enable Precise Location in Small Battery Powered Devices
GlobeNewswire News Room· 2024-11-07 16:30
SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Swift Navigation ("Swift"), a leader in precise positioning technology, announced a joint solution developed with Sony Semiconductor Solutions Corporation (“Sony”) that integrates Swift’s Skylark® Precise Positioning Service with Sony’s ultra-low-power CXD5610 GNSS chipset. The partnership dramatically enhances location accuracy, unlocking new capabilities that boost safety, efficiency, and regulatory compliance across logistics, construction, micromobility, ...
Here is What to Know Beyond Why Sony Corporation (SONY) is a Trending Stock
ZACKS· 2024-11-07 15:00
Sony (SONY) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this electronics and media company have returned -5.6% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Audio Video Production industry, to which Sony belongs, has lost 4.6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media repor ...
SONY Gears Up to Report Q2 Earnings: What's in the Offing?
ZACKS· 2024-11-06 14:00
Sony Group Corporation (SONY) is scheduled to report second-quarter fiscal 2024 earnings on Nov. 8.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for earnings is pegged at 27 cents per share, indicating a rise of 22.7% from the year-ago reported figure. The consensus estimate for revenues is pegged at $20.3 billion, suggesting growth of 7.7% from the prior-year actuals.The company’s earnings surpassed the Zacks Consensus Estimate in three of the last fo ...
Sony (SONY) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-11-05 23:51
In the latest market close, Sony (SONY) reached $18.05, with a +1.75% movement compared to the previous day. This change outpaced the S&P 500's 1.23% gain on the day. Elsewhere, the Dow saw an upswing of 1.02%, while the tech-heavy Nasdaq appreciated by 1.43%.Prior to today's trading, shares of the electronics and media company had lost 7.28% over the past month. This has lagged the Consumer Discretionary sector's gain of 1.35% and the S&P 500's loss of 0.54% in that time.The investment community will be cl ...
Sony (SONY) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-10-30 22:56
Sony (SONY) closed the latest trading day at $17.98, indicating a +0.73% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.33%. On the other hand, the Dow registered a loss of 0.22%, and the technology-centric Nasdaq decreased by 0.56%. The electronics and media company's stock has dropped by 7.8% in the past month, falling short of the Consumer Discretionary sector's gain of 0.99% and the S&P 500's gain of 1.83%. The upcoming earnings release of Sony wil ...
Getac Integrates Sony Semiconductor Solutions' SORPLAS™ Environmentally Conscious Plastic into its Range of Premium Rugged Products
Prnewswire· 2024-10-30 13:00
News in brief: Getac aims to take a new step towards a sustainable world by adopting SORPLAS™ from Sony Semiconductor Solutions (SSS) in its premium rugged products, beginning with the recently launched S510 rugged laptop and K120 fully rugged tablet. SORPLAS is an environmentally conscious plastic developed and provided by SSS, which can achieve up to 99% utilization rate of recycled materials. The announcement reaffirms Getac's collaboration with SSS to delivering long-term sustainability in the technolog ...
Sony (SONY) Rises Higher Than Market: Key Facts
ZACKS· 2024-10-28 23:06
The most recent trading session ended with Sony (SONY) standing at $17.75, reflecting a +0.74% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.27%. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.26%. The electronics and media company's stock has dropped by 8.38% in the past month, falling short of the Consumer Discretionary sector's gain of 1.51% and the S&P 500's gain of 2%. Investors will be eagerly ...
Will Sony Group Be a Trillion-Dollar Stock by 2030?
The Motley Fool· 2024-10-22 09:25
The Japanese conglomerate still doesn't get as much attention as its U.S. peers.Sony (SONY -0.66%) is one of the world's top gaming, film production, and music publishing companies. It also sells consumer electronics and image sensors, and it's getting ready to spin off its financial services group over the next few years.Over the past 10 years, Sony's stock price has risen nearly 430%. But with a market cap of $110 billion, the Japanese conglomerate is still a lot less valuable than Walt Disney, which is w ...