TOKYO (Reuters) – Japan’s Panasonic Corp on Wednesday posted a 44% decline in third-quarter working revenue to 73 billion yen ($636.2 million).
The consequence for the three months to Dec. 31 was worse than an estimated imply 106.9 billion yen revenue from 10 analysts surveyed by Refinitiv.
Panasonic caught with its full-year forecast for annual revenue of 370 billion yen – a determine consistent with analysts’ forecasts.
($1 = 114.7400 yen)
(Reporting by Tim Kelly; Enhancing by Edwina Gibbs)
Supply: KFGO
