Nintendo swings to first-quarter operating profit; analysts expected loss

Reuters News
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Posted: Jul 29, 2015 3:14 AM

TOKYO (Reuters) - Nintendo Co reported a surprise first-quarter operating profit, helped by a weaker yen and strong sales of its "amiibo" figurines which are sold as accessories to their popular games.

Nintendo swung to an April-June operating profit of 1.1 billion yen ($9.3 million) from a loss of 9.5 billion yen a year earlier. Analysts on average expected a loss of 6.3 billion yen, according to Thomson Reuters data.

(Reporting by Ritsuko Ando; Editing by Christopher Cushing)