Sony Returns Profit in Second Quarter as Revival Takes Hold

October 29, 2015 6:16 AM

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Sony Returns Profit in Second Quarter as Revival Takes Hold

Sony Corp. returned to profitability in the fiscal second quarter after its “Hotel Transylvania 2” film set a box-office weekend record and PlayStation 4 sales surged.

Net income was 33.6 billion yen ($278 million) in the three months ended Sept. 30, Sony said Thursday. That surpassed the 31.4 billion yen average of four estimates compiled by Bloomberg. The company posted a 136 billion yen net loss in the period a year earlier.

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