# Bad Influence story: SoftBank reports $7 billion fiscal second-quarter net loss

Active · 1 article · 1 source · First reported 11-10 01:54. Times are ET.
Story page: https://badinfluence.news/story/20510e83-77bb-4945-afa1-116e9179f306

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[Bad Influence external source material begins]
Latest update (11-10 01:54): SoftBank swings to $7 billion net loss in fiscal second quarter

Overview: SoftBank reported a fiscal second-quarter net loss of 1.12 trillion yen ($7 billion) on Tuesday, according to CNBC. The loss compares with a net profit of 2.5 trillion yen in the same quarter a year earlier. Revenue rose to 2.22 trillion yen, above the 2.02 trillion yen LSEG estimate. SoftBank shares closed 13.9% higher that day as Asian technology stocks rebounded.

Coverage timeline (newest first):
1. 11-10 01:54 · CNBC · Technology · [SoftBank swings to $7 billion net loss in fiscal second quarter](https://badinfluence.news/items/vq2n89cpca5b3blc0geypqbu7)
[Bad Influence external source material ends]

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