Sony Q3 operating profits rise 20%, company raises earnings outlook

Topics Sony | Q3 results | Sony India

TOKYO (Reuters) - Japanese electronics and media giant Sony Corp on Wednesday posted a better-than-expected 20% rise in third-quarter profit and hiked its full-year outlook on strong demand for video games, movies and other entertainment content. Operating profit for the October-December quarter jumped to 359.2 billion yen ($3.

42 billion), from 300 billion yen in the same period a year ago. Six analysts on average had expected a profit of just 179 billion yen, according to Refinitiv data. Sony also raised its forecast for operating.

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