Home Sony FY results down after weak Q4 due to Covid-19 disruptions
 

Keywords :   


Sony FY results down after weak Q4 due to Covid-19 disruptions

2020-05-13 09:42:00| Telecompaper Headlines

(Telecompaper) Sony reported revenues for its fiscal fourth quarter to March down 18 percent year-on-year to JPY 1.75 trillion, as the coronavirus outbreak disrupted sales of many of its products. Operating profit dropped 57 percent to JPY 35.4 billion, and net profit was down 86 percent to JPY 12.6 billion. The weak quarter means Sony missed its full-year guidance, and the company did not give an outlook for the new year. 

Tags: to results due sony

Category:Telecommunications

Latest from this category

All news

01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
21.11Strengthening Healthcare Operations Through Cyber Resilience
Telecommunications »
05.12Netflix reportedly closes in on Warner Bros deal
05.12What are freeze-dried sweets and why are they popular?
05.12Meta shifts some metaverse investments to AI smart glasses
05.12Taiwan bans Chinese app RedNote over fraud concerns
05.12Taiwan to ban Chinese app RedNote over fraud concerns
05.12Details of plan to keep pubs open longer for World Cup revealed
05.12Details of plan to keep pubs open longer for World Cup revealed
05.12Turkey breeder supplying luxury stores investigated over welfare
More »