Sony experiences 29% drop in running earnings as weak spot in chip company hits house

Sony experiences 29% drop in running earnings as weak spot in chip company hits house


The PlayStation DualSense controller and PlayStation 5 console.

Jakub Porzycki | Nurphoto | Getty Pictures

Sony on Thursday reported a 29% drop in running gain in the fiscal second quarter as the Japanese electronics huge endured from weak spot in its imaging sensor company.

Here is how Sony did in the September quarter as opposed to LSEG consensus estimates:

  • Revenue: 2.8 trillion yen ($18.5 billion) versus 2.87 trillion yen anticipated. That signifies an 8% raise year-above-year.
  • Running income: 263 billion Japanese yen as opposed to 304.4 billion yen envisioned. That marks a 29% fall 12 months-in excess of-12 months.

The success comply with a fiscal to start with quarter which noticed Sony report a 33% increase in income calendar year-in excess of-12 months to 3 trillion Japanese yen but a 31% year-on-12 months fall in earnings to 253 billion yen.

The company cited weak spot in its economical expert services and images division, which observed a tiny slump on the again of strikes carried out by the Writers Guild of The united states and other unions, in protest from making use of synthetic intelligence to produce movie scripts.

This is a building story and will be up to date shortly.



Supply

Reddit reported fourth-quarter earnings and revealed strong guidance and  billion buyback
Technology

Reddit reported fourth-quarter earnings and revealed strong guidance and $1 billion buyback

Sopa Images | Lightrocket | Getty Images Reddit shares rose 6% and then receded to flat in after-hours trading on Thursday after the company reported fourth-quarter earnings that beat on the top and bottom lines and gave strong guidance for the start of 2026. Here’s how the company did compared with LSEG estimates: Earnings per […]

Read More
Good news in a sea of pain sends 2 non-tech stocks higher in Thursday’s down market
Technology

Good news in a sea of pain sends 2 non-tech stocks higher in Thursday’s down market

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 and Nasdaq were sinking for the third straight session as the rotation out of tech and into the less flashy areas […]

Read More
Anthropic launches Claude Opus 4.6 as AI moves toward a ‘vibe working’ era
Technology

Anthropic launches Claude Opus 4.6 as AI moves toward a ‘vibe working’ era

Dario Amodei, CEO and co-founder of Anthropic, speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026. Denis Balibouse | Reuters Anthropic on Thursday announced the launch of Claude Opus 4.6, its latest artificial intelligence model that’s better at coding, sustaining tasks for longer and creating higher-quality professional work products […]

Read More