Sony’s gaming division experienced strong growth in the September quarter, with revenue slightly below expectations but showing a notable year-over-year increase. The Japanese tech giant raised its fiscal year 2025 revenue guidance and maintained its operating profit forecast. The company's gaming and network services division revenue rose 11%, supported by digital game sales and PlayStation Plus subscriptions. Sony's gaming division remains resilient due to digital purchases and PlayStation Plus subscriptions, though hardware sales have lagged in a sluggish console market lacking major game releases.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Sony's gaming division experienced strong growth in the September quarter, with revenues
00:06slightly below expectations, but showing a notable year-over-year increase.
00:11The Japanese tech giant raised its fiscal year 2025 revenue guidance and maintained
00:16its operating profit forecast.
00:17The company's gaming and network services division revenue rose 11 percent, supported
00:22by digital game sales and PlayStation Plus subscriptions.
00:26Sony's gaming division remains resilient due to digital purchases and PlayStation Plus
00:31subscriptions.
00:32The hardware sales have lagged in a sluggish console market, lacking major game releases.
00:37For all things money, visit Benzinga.com slash GSTV.