Nintendo Q3 profit rises 6% on Switch sales but misses estimates [Reuters]
NINTENDO CO LTD UNSP/ADR (NTDOY)
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Source: Reuters
Nintendo Q3 profit rises 6% on Switch sales but misses estimates OSAKA, Jan 30 (Reuters) - Nintendo Co Ltd said on Thursday third-quarter operating profit rose 6%, driven by Switch console sales in the year-end shopping season, but the earnings fell below market expectations. Profit for the October-December quarter was 168.7 billion yen ($1.54 billion) versus 148 billion yen a year earlier. That compared with an average forecast of 175 billion yen from 10 analyst estimates compiled by Refinitiv. ($1 = 109.7000 yen) (Reporting by Sam Nussey; Editing by Muralikumar Anantharaman)
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