Nintendo reports Q1 revenue down 46.5% YoY to ~$1.65B, vs. ~$1.92B exp., net profit down 55.3% YoY to ~$536M, and Switch sales down 46% YoY to 2.1M units (Arjun Kharpal/CNBC) https://bit.ly/3AbySJd
Arjun Kharpal / CNBC:
Nintendo reports Q1 revenue down 46.5% YoY to ~$1.65B, vs. ~$1.92B exp., net profit down 55.3% YoY to ~$536M, and Switch sales down 46% YoY to 2.1M units — Nintendo on Friday reported revenue and profit that plunged in the company's fiscal first quarter, as sales of the ageing Switch console decline.
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