U.S. stock market anomaly | Sony (SONY.US) rises more than 5% in the first quarter of fiscal year 2025, operating profit exceeds expectations.
According to the Wise Finance APP, on Thursday, Sony (SONY.US) rose by over 5%, to $26.35. Sony Group released its financial report for the first quarter of the 2025 fiscal year (April 1 - June 30). Sony's overall operating profit increased significantly by 36.5% year-on-year, reaching 340 billion yen, exceeding the average expectation of Wall Street analysts of approximately 288 billion yen. Net profit reached 259 billion yen, a 23% increase year-on-year. The company maintains its full-year revenue forecast for the 2025 fiscal year at 11.7 trillion yen, raises its operating profit forecast to 1.4 trillion yen, and raises its net profit forecast to 970 billion yen.
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