Softbank Corp (Buy, TP: ¥270, +40%) Q2 24 Quick Take: Beat across the board and an upgraded guidance
Softbank printed a strong beat across its revenue and net profit, ahead by 5% and 6% respectively. Consequently, management raised its FY24 guidance by roughly 2% for Revenue, EBITDA and Net profit while EBIT was raised by 5.6%.
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