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Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to $182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.


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2024-11-05 09:03:14
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Cybersecurity Business

Arjun Kharpal / CNBC:

Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M  —  Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console.




Arjun Kharpal / CNBC:

Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M  —  Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console.



Source: TechMeme
Source Link: http://www.techmeme.com/241105/p2#a241105p2


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