homeearnings NewsSony reports 18% jump in first quarter profit on strong image sensor business

Sony reports 18% jump in first-quarter profit on strong image sensor business

The electronics firm posted an operating profit of 230.9 billion yen ($2.1 billion) for the April-June quarter, up from 195.01 billion yen a year prior.

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By Reuters Jul 30, 2019 12:03:58 PM IST (Published)

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Sony reports 18% jump in first-quarter profit on strong image sensor business
Japan's Sony Corp on Tuesday reported an 18.4 percent increase in first-quarter operating profit, beating market expectations thanks to a strong performance in the image sensor business.

The electronics firm posted an operating profit of 230.9 billion yen ($2.1 billion) for the April-June quarter, up from 195.01 billion yen a year prior.
That was above a consensus estimate of 173.61 billion yen from 8 analysts polled by Refinitiv.

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