Sharp posts smaller first quarter loss as it cuts costs

TOKYO (Reuters) - Japanese electronics maker Sharp Corp reported a smaller first-quarter loss helped by restructuring and cost cuts, although overall revenue suffered a steep decline. Sharp said its April-June operating loss was 2.5 billion yen ($24 million) compared with a loss of 28.76 billion yen a year earlier. That was roughly in line with a Thomson Reuters Starmine SmartEstimate of a 2.1 billion yen loss drawn from four analysts. ...