Sony Q2 Net Profit Plunges; Maintains Weak Forecast For Full Year

Japanese consumer electronics maker Sony Corp. on Tuesday affirmed its outlook for fiscal year ending March 31, 2017, expecting sharply lower profit and sales, after reporting sharp decline in second-quarter profit and revenues. On a constant currency basis, sales were essentially flat. In pre-market activity on the NYSE, Sony shares were gaining 1.18 percent.

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