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Japan’s Asukanet reports higher quarterly sales Earnings reports News 

Japan’s Asukanet reports higher quarterly sales

Japanese photobook maker Asukanet Co., Ltd. reported sales for the quarter ending July 31 were 1,466,562 thousand yen (116.4% compared to the same quarter of the previous fiscal year). In terms of income, despite the higher R&D expenses for the establishment of a technical development center in the aerial display business, an increase in segment income in the funeral business... Read More
Urbanimmersive reports lower third-quarter revenues Earnings reports 

Urbanimmersive reports lower third-quarter revenues

Real-estate photography technology company Urbanimmersive Inc. announced select financial results and presents business highlights for its third quarter ended June 30, 2021. The company reported revenues of $1.102 million for Q3-21 compared to $1.661 million for Q3-20, a year-over-year decrease of $559,000, or 33.7%. This decrease of $559k is explained by the decrease in non-recurring 3D photography equipment sales (-$565,000)... Read More
Profoto reports second quarter net sales up 113% Earnings reports News 

Profoto reports second quarter net sales up 113%

Stockholm-based lighting products maker Profoto Holding AB reported second-quarter net sales increased to SEK 172m, an increase of 113.3 percent. (Adjusted for currency effects, net sales increased by 131.3 percent.) For six months ending June 2021, net sales increased to SEK 325m, an increase of 42.0 percent. (Adjusted for currency effects, net sales increased by 55.2 percent.) The company’s first trading... Read More
Moonpig Group reports double revenue in initial earnings report as public company Earnings reports News 

Moonpig Group reports double revenue in initial earnings report as public company

U.K. online greeting card brand Moonpig Group reported strong results in its first earnings report as a publicly-traded company. (The company went public in the last year.) Group revenue doubled to £368.2 million, compared to £173.1 million the prior year, for the year ending April 30, 2021. The company said revenue growth was driven by strong customer acquisition and higher... Read More
Cimpress reports mixed fourth quarter Earnings reports 

Cimpress reports mixed fourth quarter

Cimpress plc, parent company of Vistaprint,  reported mixed fourth-quarter fiscal 2021 results, with an adjusted loss of 45 cents per share, which was improved from last years’ loss of $1.62 cents per share. In fiscal 2021, the company’s adjusted loss was $2.99 per share against adjusted earnings of $3.00 in fiscal 2020. Fiscal fourth-quarter revenues were a better-than-expected $641 million... Read More
Xerox reports second-quarter revenue up 22.4 percent Earnings reports 

Xerox reports second-quarter revenue up 22.4 percent

Xerox Corp. reported second-quarter revenue was up 22.4 percent to $1.79 billion and GAAP earnings per share (EPS) of $0.46, up from $0.15 year-over-year, and adjusted EPS of $0.47, up $0.32 year-over-year. “We saw growing demand for our products and services in the second quarter. Increased equipment sales and print volumes in many regions are consistent with a continuing, gradual... Read More
Snap second-quarter revenue increases 116% to nearly $1 billion Earnings reports 

Snap second-quarter revenue increases 116% to nearly $1 billion

Snap Inc. announced second-quarter revenue increased 116% to $982 million, compared to the prior year, and the net loss improved 53% to $(152) million, compared to the same period. Daily active users (DAU) were 293 million in the quarter, an increase of 55 million, or 23%, year-over-year. “Our second-quarter results reflect the broad-based strength of our business, as we grew... Read More
Photo-Me reports six-month revenue up 3.4%, new branding campaign Earnings reports News 

Photo-Me reports six-month revenue up 3.4%, new branding campaign

Instant service equipment company Photo-Me International plc reported six-month revenue was up 3.4% to £94.6 million (2020: £91.5m) brought on by the greater movement of customers. EBITDA increased to £28.7 million from £16.7 million in the prior year period; pre-tax profit increased to £12.0 million. The company also announced restructuring plans, including a rebranding scheme. “The group has had a... Read More
Light-shaping company Profoto goes public Earnings reports News 

Light-shaping company Profoto goes public

Longtime lighting company Profoto Holding AB went public on the NASDAQ in Stockholm July 1, under the ticker symbol “PRFO.” Profoto shares are offered to the public in Sweden and to institutional investors in Sweden and abroad. After a day of trading, the stock closed at 84 kr ($9.8 per share). With 40,000,000 shares outstanding, put Profoto’s market capitalization at... Read More
Eastman Kodak reports $6 million first-quarter net income Earnings reports News 

Eastman Kodak reports $6 million first-quarter net income

Eastman Kodak Co. reported first-quarter financial results, including consolidated revenues of $265 million, net income of $6 million, and a $401 million cash balance. “The steps we have taken in the last two years — strengthening our balance sheet, establishing a customer-first approach and continuing to invest in innovation — have created the foundation for growth,” said Jim Continenza, Kodak’s... Read More
PlanetArt parent Claranova’s revenue up 39% Earnings reports 

PlanetArt parent Claranova’s revenue up 39%

PlanetArt parent Claranova reported third-quarter revenue of €96 million, up 39% at constant exchange rates and 30% like-for-like from the same period last year. The boost reflected gains by the personalized e-commerce activities of PlanetArt, up 55% at constant exchange rates, and the return to growth by the software publishing activities Avanquest. Claranova reported revenue of €373 million for the first... Read More
GoPro announces first quarter 2021 revenue up 71% Earnings reports News 

GoPro announces first quarter 2021 revenue up 71%

GoPro Inc. reported first-quarter revenues were up 71% to $204 million, buoyed by a 224% increase in subscription revenue. Subscriptions were $82 million, resulting in 40% of quarterly revenue. The company has more than 1 million subscribers. GoPro sold about 700,000 camera units in the quarter, with an average retail price of $366. “This is the new GoPro. We’ve evolved... Read More
Xerox releases first-quarter results Earnings reports 

Xerox releases first-quarter results

Xerox Holdings Corp. reported first-quarter revenues of $1.71 billion of revenue, down 8.1 percent year-over-year or 10.4 percent in constant currency. GAAP earnings per share (EPS) were $0.18, up $0.21 year-over-year, and adjusted EPS of $0.22, up by $0.01 year-over-year. “In the first quarter, in an environment where many offices remained closed, we grew equipment sales and IT Services revenue year-over-year.... Read More