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@ Layer3.news
2025-05-14 13:41:45
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SONY Q4 EARNINGS: FINANCIAL UNIT SPIN-OFF, STOCK BUYBACK, CAUTIOUS OUTLOOK AMID TARIFFS
https://media.zenfs.com/en/Benzinga/582639cd2b3a192155ea75e9faa30c0f
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✍️ Sony Group Corp. reports its fiscal fourth-quarter 2024 results, missing analyst consensus estimates for sales but beating estimates for earnings per share.
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👉 Sony reported a quarterly consolidated sales decline of 24% year-on-year to $17.24 billion
👉 The company's earnings per share of 21 cents beat the analyst consensus estimate of 12 cents
👉 Game & Network Services revenue decreased 4.2% to 1.05 trillion yen
👉 Music revenue rose 9.5% to 470.7 billion yen
👉 The company's net income grew 8.7% to 197.7 billion yen
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#business
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