Nintendo expects to sell 13.5 million Switch consoles this year as it beats profit estimates
Nintendo(NTDOY) CNBC·2024-05-07 06:56
Mario poses at the "SUPER NINTENDO WORLD" welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California.Nintendo on Tuesday reported quarterly profit that beat market estimates and said it sold more units of its flagship Switch console than it had forecast.Here's how Nintendo did in its fiscal fourth quarter versus LSEG estimates:Revenue: 277.1 billion Japanese yen ($1.8 billion) versus 280.6 billion yen expected.Net profit: 82.6 billion yen versus 57.2 billion yen ex ...