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Nintendo Q1 profit grows 4%, beating estimates

Nintendo Q1 profit grows 4%, beating estimates

Reutersa day ago
TOKYO, Aug 1 (Reuters) - Nintendo (7974.T), opens new tab on Friday said operating profit grew 4% to 56.9 billion yen ($378 million) in the April-June quarter, beating analyst estimates.
The Kyoto-based gaming company said it sold 5.82 million units of the Switch 2, which went on sale on June 5, during the quarter.
The successor to the hit home-portable Switch gaming device launched in the midst of U.S Donald Trump's trade war, testing Nintendo's supply chain management.
Nintendo maintained its full-year sales forecast of 15 million Switch 2 units.
($1 = 150.5800 yen)
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