Sony Corp. Reports Profit In Q2 - Quick Facts

(RTTNews) - Sony Corp. (SON.L, SNE) reported second quarter net income attributable to stockholders of 33.6 billion yen compared to a loss of 136.0 billion yen, previous year. Profit per share was 26.10 yen compared to a loss of 124.32 yen. Operating income was 88.0 billion yen compared to an operating loss of 85.6 billion yen in the same quarter of the previous fiscal year. The company noted that the significant improvement was primarily due to the 176.0 billion yen impairment of goodwill recorded in the MC segment in the same quarter of the previous fiscal year.

Sales and operating revenue were down 0.5 percent to 1.89 trillion yen from 1.90 trillion yen, a year ago. On a constant currency basis, sales decreased 7% year-on-year.

The company's forecast for consolidated results for the fiscal year ending March 31, 2016, as announced on July 30, 2015, remains unchanged.