Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook

> Sony on Thursday reported an increase in operating profit that beat expectations, despite foreign exchange volatility and higher memory costs. >Here are Sony’s December quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate: > •Revenue: 3.71 trillion Japanese yen ($23.68 billion) vs. 3.69 trillion yen > •Operating profit: 515 billion yen vs. 468.9 billion yen >Sony’s operating profit jumped 22% from a year earlier, marking a bounce back from a year-on-year decline in the previous quarter. Revenue was up a modest 1% over the same period. >The Japanese technology and entertainment giant boosted its full-year outlook. It now expects operating profit to rise to 1.54 trillion yen, up by an additional 110 billion yen, or 8% from its previous forecast. >Sony also raised its annual revenue projection by 300 billion yen to 12.3 trillion yen, or 3%, while keeping its estimated losses from U.S. tariffs at 50 billion yen.