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Sony quarterly operating profit rises 11 pct, beats analyst estimates

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Reuters TOKYO

TOKYO (Reuters) - Sony Corp reported an 11 percent rise in quarterly operating profit on Friday as strong sales of PlayStation 4 games helped offset a decline in sales of image sensors, which had led the company's turnaround in the previous year.

Sony said October-December operating profit rose to 202.1 billion yen ($1.68 billion) from 182.1 billion yen a year prior, beating the average 175 billion yen forecast of 8 analysts according to Thomson Reuters data.

The company maintained its outlook for full-year operating profit to grow to 320 billion yen from 68.5 billion in the previous year.

($1 = 120.5500 yen)

 

(Reporting by Ritsuko Ando; Editing by Christopher Cushing)

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First Published: Jan 29 2016 | 11:52 AM IST

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