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SoftBank reports Q1 net profit down 18% YoY

SoftBank reports Q1 net profit down 18% YoY to ~$2.2B, above ~$761M est., an ~$8.2B gain on its Intel stake, and Vision Fund up $1.7B due to its ByteDance stake

SoftBank reports Q1 net profit down 18% YoY

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel …

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Source: CNBC · Opens in new tab