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.