trending Market Intelligence /marketintelligence/en/news-insights/trending/IAJZGxGq30aid-tcYr2qzg2 content esgSubNav
In This List

Olympus swings to profit in fiscal Q1

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise

Blog

Insight Weekly: US companies boost liquidity; auto insurers hike rates; office sector risk rises


Olympus swings to profit in fiscal Q1

Olympus Corp. said its profit attributable to owners of parent for the first fiscal quarter ended June 30 amounted to ¥8.64 billion, from a loss of ¥16.69 billion in the prior-year period.

Diluted EPS came in at ¥6.32, compared with a loss per share of ¥12.22 in the prior-year period.

Revenue totaled ¥181.89 billion, from ¥180.55 billion a year earlier. Olympus said its revenue growth was driven by increased sales in its endoscopic solutions, therapeutic solutions and scientific solutions segments.

The Tokyo-based maker of medical devices and digital cameras forecasts profit attributable to owners of the parent to reach ¥63.00 billion for the fiscal 2020 full year, with revenue expected to total ¥800.00 billion.

As of Aug. 1, US$1 was equivalent to ¥108.24.