ReutersOct 30, 2018 13:18:22 IST
Japan’s Nintendo Co Ltd reported a 30 percent rise in second-quarter operating profit on Tuesday, albeit missing analyst estimates, as sales of Switch hardware and games drive its earnings recovery.
July-September profit reached 30.9 billion yen ($274.11 million), the Kyoto-based gaming company said. That compared with a 36.6 billion yen average of seven analyst estimates, Refinitiv data showed.
Nintendo sold 5.07 million of its Switch consoles over April-September. It maintained its sales forecast for the year ending March at 20 million consoles.
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