Toshiba cuts full-year earnings estimate after Q3 operating profit slides 87.5%

Toshiba cuts full-year earnings estimate after Q3 operating profit slides 87.5%

FILE PHOTO: The logo of Toshiba Corp. is displayed atop of the company's facility building in Kawasaki, Japan June 24, 2022. REUTERS/Issei Kato/File Photo

Japan’s Toshiba Corp. on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time.