Nissan posts first quarterly profit in two years despite lower sales outlook

On the Dash: Nissan returned to quarterly profitability while maintaining its full-year earnings guidance. The automaker lowered its global sales forecast, signaling demand challenges remain. Upcoming U.S. launches, including the Infiniti QX65 and Rogue Hybrid e-Power, could help support dealership traffic. Nissan has reported its first quarterly net profit in two years, posting ¥3.76 billion ($23.9 million) for the fiscal first quarter. The automaker exceeded analyst expectations and has maintained its full-year earnings forecast, despite lowering its global sales outlook. Executives attribute the improved results to ongoing restructuring efforts and cost reductions. Net profit reached roughly $23.9 million (¥3.76 billion), a considerable turnaround from a loss of about $735.8 million…

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