Nintendo second-quarter profit rises 30 percent, misses estimates

The Nintendo booth is shown at the E3 2017 Digital Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake

OSAKA (Reuters) – Japan’s Nintendo Co Ltd noted a 30 percent increase in 2nd-quarter functioning gain on Tuesday, albeit missing analyst estimates, as revenue of Swap hardware and video games drive its earnings restoration.

July-September earnings attained 30.9 billion yen ($274.11 million), the Kyoto-centered gaming firm claimed. That in comparison with a 36.6 billion yen common of 7 analyst estimates, Refinitiv facts confirmed.

Nintendo marketed 5.07 million of its Switch consoles more than April-September. It managed its income forecast for the yr ending March at 20 million consoles.

($1 = 112.7300 yen)

Reporting by Sam Nussey Modifying by Christopher Cushing

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