Canon Q2 Net Profit Surges 28.6%
July 24, 2013 at 04:19 AM EDT
Canon (NYSE: CAJ ) reported a 28.6% rise in its second-quarter net profit. Canon's quarterly net profit surged to Y66.50 billion ($662.94 million), from Y51.71 billion, in the year-ago period. Its sales increased 7.5% to Y966.88 billion, while operating profit jumped 6.2% to Y98.35 billion. However, analysts were expecting a net