Panasonic (PC): FQ2 net loss widens to ¥697.98B ($8.77B) from ¥105.8B last year vs forecasts for...

|About: Panasonic Corp. ADR (PCRFY)|By:, SA News Editor
Panasonic (PC): FQ2 net loss widens to ¥697.98B ($8.77B) from ¥105.8B last year vs forecasts for a profit of ¥3.85B; operating profit +16% to ¥48.8B vs consensus of ¥55.6B; revenue -12% to ¥1.82B. Earnings hurt by weak sales of consumer electronics products and large restructuring costs. (PR)