Nintendo misses forecasts as third-quarter profit and sales fall short

Published:

Nintendo misses forecasts as third-quarter profit and sales fall short
Photo: George Walker IV AP/TT

The Japanese video game giant Nintendo - which manufactures game consoles and games such as Super Mario and The Legend of Zelda - reports a 23 percent increase in profit to 155.2 billion yen (equivalent to 8.9 billion SEK) for the third quarter of the current fiscal year.

That was worse than the average forecast among analysts of 180.7 billion yen, according to Bloomberg.

Sales surged 86 percent year-on-year to 806.3 billion yen. But that also fell short of market expectations, which had been forecast at 815.7 billion yen.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...