Sony PlayStation games are displayed in the Best Buy store on December 17, 2024 in San Rafael, California.
Justin Sullivan Getty images
On Thursday, Sony raised forecasts of revenues and profits all year after reporting a significant jump in the sale of games in the third fiscal quarter.
Here's how Sony in the December quarter compared to the estimates of analysts developed by LSEG:
- Revenues: 4.41 trillion of Japanese yen ($ 28.6 billion), compared to 3.77 trillion yen. This increased by 18% year -on -year and overcome the expectations of analysts.
- Operational income: 469.3 billion yen, compared to 404.21 billion expected yen. This is an increase of 1% year by year, and also achieved the estimates of analysts.
Sony said that now she expected that fiscal sales all year 2024 will reach 13.2 trillion yen, which is an increase of 4% compared to the forecast in November. The Japanese technological giant also raised the perspective of annual operational profit by 2% to 1.34 trillion yen.
The company noticed that sales in the network games department amounted to 237.9 billion yen in the third fiscal quarter, increasing 16% year -on -year. This has been strengthened by an increase in sales of both console and unique games, including additional content.
Sony sold 9.5 million pieces of its PlayStation 5 console in December, compared to 8.2 million in the same period a year ago. This increases the total sales of PS5 to 74.9 million pieces, based on the results of Sona for the last quarter plus previous years.
Kwarta December is a key period for Sony, covering the popular holiday shopping season, which is often a lucrative time for consumer electronic companies.
In the previous quarter Sony He raised his sales guidelines for 2025 The financial year, browsing your revenue forecast slightly up to 12.7 trillion yen from 12.6 trillion yen earlier.
All eyes were on Thursday Sony's Gaming Hardware Business. In the second fiscal quarter, the company said that it sold 3.8 million pieces of its PlayStation 5 console, which is 22% year on year.
Last year Sony released The PlayStation 5 Pro, an improved version of its PS5 machine, which has been available since November 2020.
Compete Nintendo Reported Weaker than expected results in the third fiscal quarter And he lowered his forecast to the switch console. The Japanese giant of games was irritated last month Successor of the switch called switch 2. This has not yet announced the date of price or release, but said that more details would be disclosed on April 2.