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Sony hikes annual profit outlook to record after robust second-quarter profits

October 30, 2018 6:38 AM
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TOKYO (Reuters) - Sony Corp lifted its annual operating profit outlook by 30 percent to a record level after a strong second-quarter, bolstered by popular game titles as well as growing demand for its online gaming services.

Sony raised its annual profit forecast to 870 billion yen ($7.7 billion) from an earlier estimate of 670 billion yen. That compares with a consensus of 796.4 billion yen from 25 analysts, according to data from Refinitiv.

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