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Nintendo reports Q1 revenue down 46.5% YoY to $1.65B, vs. $1.92B est., net profit down 55.3% YoY to $536M, and Switch sales down 46% YoY to 2.1M un


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2024-08-02 15:29:43
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Cybersecurity Business

Arjun Kharpal / CNBC:

Nintendo reports Q1 revenue down 46.5% YoY to ~$1.65B, vs. ~$1.92B est., net profit down 55.3% YoY to ~$536M, and Switch sales down 46% YoY to 2.1M units  —  Nintendo on Friday reported revenue and profit that plunged in the company's fiscal first quarter, as sales of the ageing Switch console decline.




Arjun Kharpal / CNBC:

Nintendo reports Q1 revenue down 46.5% YoY to ~$1.65B, vs. ~$1.92B est., net profit down 55.3% YoY to ~$536M, and Switch sales down 46% YoY to 2.1M units  —  Nintendo on Friday reported revenue and profit that plunged in the company's fiscal first quarter, as sales of the ageing Switch console decline.



Source: TechMeme
Source Link: http://www.techmeme.com/240802/p5#a240802p5


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