SEGA revises earnings forecast, expects profit in Q4

By Stephany Nunneley, Friday, 16 April 2010 19:40 GMT

sega

SEGA has revised its earnings forecast for Q4 2010, as it now expects a profit for the December 2009 -March 2010 period.

The company estimates net sales of ¥380 billion ($4.08 billion), which is a 9.5 percent decline from its previous forecast of ¥420 billion ($4.51 billion).

However, it expects total profits of ¥18 billion ($193 million) for the quarter, which is ¥3 billion more than the ¥15 billion ($161 million) it previously predicted.

The new forecast has been attributed to “improved profit margins in the pachislot and pachinko machine business and amusement machine business.”

Good to hear.

Thanks: Joystiq, Gamespot.

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