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Industry notes for the week of May 24 Earnings reports People on the Move 

Industry notes for the week of May 24

Rumours and reports Here are some interesting items from around the internet: Shoebox moves its shutdown date from May 22 to May 27. Robbery at The Camera Store in Canada – staff attacked with bear spray Masked men break Crescent Springs photography store owner’s arm, steal high-end cameras, via WCPO Kodak Pension Plan 2 officially enters PPF assessment in largest claim on lifeboat to date,... Read More
GoPro announces first quarter 2019 results Earnings reports Press releases 

GoPro announces first quarter 2019 results

First Quarter Revenue of $243 Million, Up 20% Year-over-Year Revenue Grew in All Regions Year-over-Year Record Organic Viewership of GoPro Content on Social Platforms GoPro’s YouTube Channel Surpassed 2 Billion Lifetime Views in April 2019 SAN MATEO, Calif., May 9, 2019 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its first quarter ended March 31, 2019. “GoPro grew first-quarter revenue 20% year-over-year... Read More
Generation NEXT announces $3.0 million of revenue recognized in April 2019 results Earnings reports News Press releases 

Generation NEXT announces $3.0 million of revenue recognized in April 2019 results

Company Installed 76 New Kiosks at an Average Revenue of $40,000 Per Unit SAN DIEGO, CA, May 01, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) announced its monthly results for April today showing the fourth month in a row of revenue growth. April’s revenue was approximately $3.0 million on 76 deliveries of Reis... Read More
Cimpress reports mixed results for third quarter Earnings reports News 

Cimpress reports mixed results for third quarter

Cimpress reported mixed results for the third, according to a letter to shareholders from chairman and CEO Robert S. Keane. Among the highlights: • Consolidated revenue grew 4% year over year in Q3 FY2019, and organic constant-currency revenue grew 3%, compared to 16% and 11%, respectively, in Q3 FY2018. This was largely driven by essentially flat revenue growth at Vistaprint, which... Read More
Apple services revenues reaches all-time high of $11.5 billion, but overall sales down 5% Earnings reports News Press releases 

Apple services revenues reaches all-time high of $11.5 billion, but overall sales down 5%

Services Revenue Reaches New All-Time High of $11.5 Billion Cupertino, California — April 30, 2019 — Apple today announced financial results for its fiscal 2019 second quarter ended March 30, 2019. The Company posted quarterly revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent. International... Read More
Generation NEXT announces $3.0 million of revenue recognized in April 2019 results Earnings reports News Press releases 

Generation NEXT announces $3.0 million of revenue recognized in April 2019 results

Projected Revenue for Fiscal Q4 2019 Increased to Between $8.2M and $9.8M SAN DIEGO, CA, April 29, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Generation Next Franchise Brands (OTCQB: VEND) announced today an increase in the estimate of Reis & Irvy’s unattended retail kiosks to be installed during the fiscal year ending June 30, 2019. The Company now estimates that it will install between 400 and 440 Reis... Read More
Shutterfly announces first quarter 2019 financial results Earnings reports News Opinion 

Shutterfly announces first quarter 2019 financial results

Shutterfly announced first-quarter 2019 financial results, coinciding with rumours from reputables sites like Bloomberg that the leading online photo personalization service has drawn acquisition interest from Apollo Global Management LLC and Cerberus Capital Management. As noted below, the company’s board is not officially commenting. Overall, the company’s results were in line with expectations, management said. Shutterfly’s struggling Consumer segment saw a 2%... Read More
Kodak reports full-year 2018 financial results Earnings reports Press releases 

Kodak reports full-year 2018 financial results

ROCHESTER, N.Y., Monday, April 01, 2019 — Eastman Kodak Company (NYSE: KODK) today reported financial results for the full year 2018, including a net loss of $16 million on revenues of $1.3 billion and continued growth in key product areas. Highlights include: GAAP net loss of $16 million for the year ended December 31, 2018, compared to GAAP net earnings... Read More
CEWE planning more growth in 2019 as well Earnings reports News Press releases 

CEWE planning more growth in 2019 as well

Sales of CEWE PHOTOBOOK exceed expectations Corporate targets all reached in 2018: turnover and EBIT each increase by around 9 % Tenth consecutive dividend increase: 1.95 euros per share 2019 forecast: turnover to rise to between 655 and 690 million euros, and EBIT to between 52 and 58 million euros Oldenburg/Frankfurt Main, 28 March 2019. CEWE Stiftung & Co. KGaA... Read More
CEWE achieves all its corporate targets for 2018 Earnings reports News Photo contests 

CEWE achieves all its corporate targets for 2018

CEWE Stiftung & Co. KGaA reached its turnover and profit targets for the financial year of 2018. Preliminary calculations show a 9.0% increase in turnover, to 653.3 million euros (2017: 599.4 million euros, turnover target for 2018: 630-665 million euros). CEWE achieved this through positive growth in the CEWE PHOTOBOOK and other photo gifts in the Christmas season. This enabled... Read More
U.S. postal service reports first quarter fiscal 2019 results Earnings reports Press releases 

U.S. postal service reports first quarter fiscal 2019 results

Revenue of $19.7 billion, up 2.9 percent over the same quarter last year Net loss of $1.5 billion Return to financial stability requires legislative and regulatory changes, along with aggressive management actions WASHINGTON — The U.S. Postal Service reported total revenue of $19.7 billion for the first quarter of fiscal 2019 (October 1, 2018 – December 31, 2018), an increase of $553 million,... Read More
GoPro announces fourth quarter and full year 2018 results Earnings reports Press releases 

GoPro announces fourth quarter and full year 2018 results

Fourth Quarter Revenue of $377 Million, Up 13% Year-over-Year GAAP Profitable in the Fourth Quarter of 2018 Camera Unit Sell-Through Up 9% in 2018 and Up 20% in the Fourth Quarter Year-over-Year SAN MATEO, Calif., Feb. 6, 2019 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its fourth quarter and full year ended December 31, 2018. “Thanks to a strong product line-up... Read More
Opinion: Shutterfly shakeup in wake of soft sales Earnings reports News Opinion 

Opinion: Shutterfly shakeup in wake of soft sales

Shutterfly Inc.‘s announcement of its fourth-quarter earnings shook up more than its investors, who dropped the company’s stock 13 percent by this morning. The board also announced the upcoming departure of CEO Christopher North, who shepherded the company for three years and orchestrated the purchase of Lifetouch Inc., and the formation of an exploratory committee to explore options for the company,... Read More
Shutterfly announces fourth quarter and full year 2018 financial results Earnings reports Press releases 

Shutterfly announces fourth quarter and full year 2018 financial results

February 05, 2019 04:02 PM Eastern Standard Time – REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ: SFLY), the leading retailer and manufacturing platform dedicated to helping capture, preserve, and share life’s important moments, today announced financial results for the fourth quarter and full year ended December 31, 2018. “2018 was a transformational year for Shutterfly, with the Lifetouch acquisition almost doubling the size... Read More
Snap announces fourth quarter and full year 2018 financial results Earnings reports News Press releases 

Snap announces fourth quarter and full year 2018 financial results

Fourth quarter revenue increased 36% to a record $390 million Full year revenue increased 43% to $1.2 billion Daily Active Users were flat sequentially at 186 million February 05, 2019 04:10 PM Eastern Standard Time – SANTA MONICA, Calif.—Snap Inc. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2018. Financial Highlights Operating cash flow improved... Read More
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