Nintendo (NTDOY) earnings report Q2 2024


A statue of Nintendo’s video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan.

Kiyoshi Ota | Bloomberg | Getty Images

Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday, as it continues to get a bump from the “Super Mario Bros. Movie” and flagship Zelda game released this year.

Here’s how Nintendo did in its fiscal second quarter versus LSEG estimates:

  • Revenue: 334.9 billion Japanese yen ($2.2 billion) versus 317.3 billion yen expected.
  • Net profit: 90.3 billion yen versus 75.7 billion yen expected

Nintendo’s revenue fell 4% year-on-year and its profit dropped 19%.

In the previous quarter, the company got a…

Source cnbc.com

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