Imaging recource: Olympus’ quarterly numbers show profits, boosted by E-M5 II and high-end compact sales

Olympus’ numbers for this quarter have been released, and after a few years of red, the Japanese company is finally seeing green. Olympus’ camera devision amassed an operating profit of 1.1 billion yen (approximately US$8.8 million) this past quarter, a massive improvement considering a year ago the numbers showed a 1.9 billion yen (approximately US$15.2 million) loss. This impressive profit is helped thanks to a 26% increase in mirrorless camera sales year-over-year. Compact camera sales have dropped 11%, but sales revenue has remained the same thanks to...
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