Sony Shines On Delayed Earnings
March 18, 2015 1:00 pmVideo
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March 18, 2015 – Stock Market News
Sony released its third-quarter earnings yesterday. The delay in this release, which was due roughly one month ago, was delayed as the hack Sony suffered towards the end of the quarter delayed calculations of final results. While the hack’s damages have been increased to an estimated $15 million, Sony exceeded estimated earnings with a 6.5% increase in revenue over the previous quarter. During today’s session, shares of Sony jumped 5.41% today.
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