Nintendo posts unexpected second quarter profits, beating forecast – TheLiberal.ie – Our News, Your Views

Nintendo posts unexpected second quarter profits, beating forecast




nintendologo

Japanese gaming giant Nintendo has reason to celebrate today, as its second-quarter financial results have turned out to be better than expected.

After a string of loss-making quarters, Nintendo have posted an operating profit of ¥215m (about $2m) for the July-September period. This moderate profit compares favorably with a mammoth ¥18b loss during the same period last year.

On the wake of this piece of positive news, Nintendo have reiterated its forecast for a full-year profit of ¥40b.

 

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