July 30, 2019 / 7:08 AM / 24 days ago

Nintendo Q1 profit falls 10.2%, below estimates, despite growing Switch sales

TOKYO, July 30 (Reuters) - Japan’s Nintendo Co Ltd said on Tuesday operating profit fell 10% in the three months to June, below market expectations, despite stronger sales of its Switch console.

Operating profit in the first quarter was 27.4 billion yen ($252.26 million). That compared with the 40 billion yen average of 10 analyst estimates compiled by Refinitiv. (Reporting by Sam Nussey; Editing by Christopher Cushing)

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