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Adobe reports record fourth quarter and fiscal 2021 revenue Earnings reports News People on the Move 

Adobe reports record fourth quarter and fiscal 2021 revenue

Adobe reported financial results for its fourth quarter and fiscal year 2021 ended Dec. 3, 2021. Adobe achieved revenue of $4.11 billion in its fourth quarter of the fiscal year 2021, which represents 20 percent year-over-year growth. “Adobe’s record performance in Q4 resulted in fiscal 2021 revenue exceeding $15 billion,” said Shantanu Narayen, chairman and CEO, Adobe. “Adobe’s vision, category... Read More
Photo-Me International anticipates higher sales, profits for 2021 Earnings reports 

Photo-Me International anticipates higher sales, profits for 2021

U.K.-based instant-service company Photo-Me International plc, in a trading update, reports the group anticipates better-than-expected results for the fourth-quarter ending Oct. 31, based on increasing sales momentum in May, June and July that continued through the last quarter. Two segments – photobooths and laundry – stood out. As a result, the company expects revenue will be slightly ahead of previous expectations... Read More
Moonpig reports lower six-month results Earnings reports News 

Moonpig reports lower six-month results

 U.K. personalized product retailer Moonpig reported lower results for the half-year ending Oct. 31. The company reported revenue and Adjusted EBITDA down 8.5% and 15.1% year-on-year respectively, reflecting lapping of periods of severe Covid-19 related lockdown restrictions, the company said. Group revenue was £155.9 million, compared to £142.6 million for the same period last year. During the period, the company... Read More
GoPro announces third-quarter revenue up 13% Earnings reports News 

GoPro announces third-quarter revenue up 13%

GoPro, Inc. announced third-quarter revenue for the quarter ended Sept. 30, 2021, was $317 million, up 13% year-over-year. GoPro.com subscription revenue increased 143% year-over-year to $14 million; the company has 1.34 million subscribers. “GoPro had an outstanding third quarter with strong revenue, earnings, margin, and cash flow growth that have led us to raise our margin and profitability outlook for... Read More
Profoto reports third-quarter sales up 50.4% Earnings reports 

Profoto reports third-quarter sales up 50.4%

Stockholm-based lighting equipment maker Profoto Holding AB reported third-quarter net sales increased to SEK 189m (126), an increase of 50.4 percent. Adjusted for currency effects, net sales increased by 52.8 percent. For the nine months ending in September, net sales increased to SEK 514m (355), an increase of 44.9 percent. Adjusted for currency effects, net sales increased by 54.3 percent. “The... Read More
Adobe reports record $3.94 billion third-quarter revenue Earnings reports 

Adobe reports record $3.94 billion third-quarter revenue

Adobe reported record revenue of $3.94 billion in its third fiscal quarter of 2021, which represents 22 percent year-over-year growth, for the period ending Sept. 2. “Adobe had another outstanding quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform storytelling, learning and conducting business in a digital-first world,” said Shantanu Narayen, president and CEO, Adobe. “Our talented... Read More
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