TOKYO, Aug 7 (Reuters) - Japanese technology investor
SoftBank Group ( SFTBF ) swung to a small net profit of 10.4
billion yen ($70.7 million) in the April-June quarter, helped by
buoyant valuations of tech stocks and marking its third
consecutive quarter of gains.
It missed expectations of 109 billion yen ($748 million) of
profit over the quarter, according to an average of five analyst
estimates compiled by LSEG and Reuters. That compares with a
loss of 316.2 billion yen in the same period a year earlier.
The Vision Fund investment unit booked an investment gain of
1.9 billion yen.
($1 = 147.0100 yen)