Sony Pictures Nearly Doubles Income in Q4 to $196 Million Driven by More Theatrical Releases

Sony Pictures, a division of Sony Group, reported a near doubling of profit in the fourth fiscal quarter of 2023, on sales that increased 13.5% to $2.6 billion.

Here is a snapshot:

Q4 Operating Income: $196 million, up 98% from $99 million.

Q4 Sales: $2.6 billion, up 13.5% from $2.29 billion

FY 2023 Sales: $9.46 billion, about flat from $9.54 billion in FY 2022

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