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Nintendo hikes profit forecast as Mario movie, Zelda game breathe new life into Switch console - TL;DR CNBC

Nintendo hikes profit forecast as Mario movie, Zelda game breathe new life into Switch console

Publishing timestamp: 2023-11-07 02:27:37


Summary

Nintendo reported better-than-expected sales and profit for its fiscal second quarter, driven by the success of the "Super Mario Bros. Movie" and flagship Zelda game. The company sold 6.84 million Switch consoles and raised its sales and profit forecast for the fiscal year. Nintendo's recognizable characters continue to drive sales for the Switch console.


Sentiment: POSITIVE

Tickers: 7974.T-JP

Keywords: earningsmediabreaking news: technologygame consolesgamesnintendo co ltdbusiness newsbreaking news: asiatechnology

Source: https://www.cnbc.com/2023/11/07/nintendo-ntdoy-earnings-report-q2-2024.html


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