Nintendo (NTDOY) Swings to Q1 Loss Amid Lower WiiU Sales, Stronger Yen

Nintendo (OTC: NTDOY) reported Q116 sales of ¥61.97 billion, from ¥90.22 billion posted in the same period last year. Operating loss was ¥5.13 billion, from profit of ¥1.15 billion in Q115.

Net loss per share was ¥204.23, from EPS of ¥68.97.

WiiU unit sales fell 53 percent to 220,000 units.

Nintendo also noted strengthening in the yen as another reason for the revenue slide.

Nintendo also said a Pokemon GO Plus accessory launch will be delayed until September:

The #PokemonGO Plus accessory will now be released Sept 2016 instead of the originally expected end of July launch. https://t.co/QgjZf1aAV6

— Nintendo of America (@NintendoAmerica) July 27, 2016

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