By Reuters
TOKYO (Reuters) – Japan’s Sony Corp <6758.T> on Tuesday reported an 18.4% 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 (£1.7 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.
(Reporting by Makiko Yamazaki; Editing by Stephen Coates)