SONY's Q3 Earnings & Revenues Up Y/Y, View Raised on Market Demand

Sony Group Corporation (SONY) reported third-quarter fiscal 2024 net income per share (on a GAAP basis) of ¥61.82 (41 cents), up from ¥58.96 in the year-ago quarter. The Zacks Consensus Estimate was pegged at 29 cents. Adjusted net income came in at ¥373.7 billion compared with ¥363.9 billion in the prior-year quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly total revenues increased 18% year over year to ¥4,409.6 billion ($29 billion). This increase was driven by s ...