TOKYO (AP) — TOKYO (AP) — Sony Corp. (SONY) on Thursday reported fiscal third-quarter net income of $2.45 billion.
The Tokyo-based company said it had profit of 41 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The electronics and media company posted revenue of $28.95 billion in the period.
Sony expects full-year revenue of $86.66 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SONY at https://www.zacks.com/ap/SONY
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.