Olympus is now profitable



Olympus reported a profit for their imaging business for the first quarter of fiscal 2016 year:

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. (via Imaging-resource)