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@ Layer3.news
2025-02-06 06:33:05
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NINTENDO Q3 REVENUE DROPS, CUTS OUTLOOK AND DIVIDEND, SWITCH SALES SLOW AHEAD OF NEXT-GEN CONSOLE
https://media.zenfs.com/en/Benzinga/0278eb3f27957ad18d22f4bd7e0d8f56
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✍️ Nintendo's third-quarter revenue dropped to $1.10 billion, down from $1.70 billion a year ago, and the company reduced its annual dividend forecast.
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👉 Nintendo's third-quarter revenue dropped to $1.10 billion, down from $1.70 billion a year ago.
👉 The company reduced its annual dividend forecast to 116 Japanese yen per share from 129 Japanese yen per share.
👉 Nintendo sold 4.82 million Nintendo Switch hardware in the third quarter, bringing the total for the current fiscal year to 9.54 million units.
👉 The company expects to sell 11.00 million units of Nintendo Switch hardware in fiscal 2025, down from 12.50 million units it previously expected.
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#business
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