SoftBank posts shock loss in third quarter, income additionally misses estimates

The brand of SoftBank is displayed at an organization store in Tokyo, Japan January 28, 2025. 

Issei Kato | Reuters

SoftBank Group posted a shock quarterly loss Wednesday and the Japanese firm’s income additionally missed analysts’ estimates.

Listed here are Softbank’s outcomes in contrast with LSEG SmartEstimate, which is weighted towards forecasts from analysts who’ve been extra persistently correct:

  • Income: 1.83 trillion yen vs. 1.84 trillion yen
  • Internet lack of 369.17 billion yen vs. a revenue of 298.53 billion yen

That is breaking information. Please examine for updates.

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