Wednesday, July 29, 2015

Sony first-quarter operating profit rises 39 percent, beats estimates

Sony Corp on Thursday reported a 39 percent rise in first-quarter profit, beating analyst estimates, helped by strong sales of smartphone camera sensors and PlayStation4 videogames.Sony said April-June operating profit rose to 96.9 billion yen ($780.8 million) from 69.8 billion yen a year earlier. That compared with the 73.3 billion average estimate of 18 analysts, Thomson data showed. (Reporting by Ritsuko Ando; Editing by Christopher Cushing)

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