Nintendo Co., Ltd. (OTC:NTDOY) Surpasses Earnings Expectations
Nintendo reported earnings per share of 0.08, and revenue of approximately $3.42 billion, exceeding forecasts.The company projects a 93% increase in fiscal-year revenue and a 25.5% rise in net profit, largely due to the expected success of the Switch 2 console.Nintendo's financial metrics, including a P/E ratio of approximately 52.67 and a current ratio of about 4.06, demonstrate strong investor confidence and financial stability.Nintendo Co., Ltd. (OTC:NTDOY) is ...