Sony Crushes Forecasts: 10% Profit Jump Spurs $648 Million Share Buyback and Boosted Outlook
Sony Group announced strong financial results for its second quarter. Operating profit climbed 10% from the previous year. This result of 429 billion yen beat analyst expectations. Revenue also rose 5% to 3.108 trillion yen. Following the announcement, Sony shares jumped over 6%. The technology giant immediately announced a 100 billion yen ($648 million) share…