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Reuters reports drone maker DJI Technology to post $150 million loss due to corruption Earnings reports News 

Reuters reports drone maker DJI Technology to post $150 million loss due to corruption

Reuters reports China’s leading consumer drone maker, SZ DJI Technology Co. Ltd., discovered several cases of “serious corruption” at the company and expects 2018 losses of more than 1 billion yuan ($150 million) as a result. The company said it was investigating the cases, which came to light during routine quality control in 2018, and it had handed some employees to... Read More
Another record year for ZEISS Earnings reports Press releases 

Another record year for ZEISS

Revenue increased by nine percent to EUR 5.8 billion Semiconductor Manufacturing Technology and Medical Technology drove growth All segments and regions contributed to positive result Research and development expenditures have paid off Revenue increased by 12 percent after currency adjustments STUTTGART/Germany, 2018-12-18. – The ZEISS Group is continuing its growth trajectory. In fiscal year 2017/18 (ended on 30 September 2018),... Read More
CEWE confirms all its annual targets after sound Q3 Earnings reports News Press releases 

CEWE confirms all its annual targets after sound Q3

CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) reaffirms its income forecast for 2018 against a background of sound development in turnover and earnings: Group turnover in the third quarter rose by 6.9 million to 137.2 million euros, with the EBIT at 1.4 million euros, falling short of the figure for the previous year (Q3 2017: 3.6 million euros).... Read More
Vistaprint parent Cimpress not impressed with results Earnings reports News Press releases 

Vistaprint parent Cimpress not impressed with results

Cimpress NV, parent company of Vistaprint and other personal product brands, reported healthy first-quarter top-line growth 5% (including the impact of currency changes and results of acquisitions and divestitures) but operating income continues to be under pressure. The company reported income of $589 million in the quarter, compared to $563 million last year. The company’s operating loss was $5.9 million,... Read More
Apple reports fourth-quarter results Earnings reports Press releases 

Apple reports fourth-quarter results

Revenue Up 20 Percent and EPS Up 41 Percent to New September Quarter Records Services Revenue of $10 Billion Reaches New All-Time High CUPERTINO, California — November 1, 2018 — Apple today announced financial results for its fiscal 2018 fourth quarter ended September 29, 2018. The Company posted quarterly revenue of $62.9 billion, an increase of 20 percent from the... Read More
GoPro announces third-quarter 2018 results Earnings reports Press releases 

GoPro announces third-quarter 2018 results

Revenue of $286 Million HERO7 Black Achieves Strongest Month-One Unit Sell-Through in Company History GoPro Plus Subscribers Grow 16% Sequentially GoPro is the No. 1 Selling Camera in North America for the 19th Straight Quarter SAN MATEO, Calif., Nov. 1, 2018 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its third quarter ended September 30, 2018. “GoPro completed... Read More
Shutterfly’s third-quarter consumer business disappoints, company misses target Earnings reports News Press releases 

Shutterfly’s third-quarter consumer business disappoints, company misses target

Shutterfly reported a third-quarter net loss of $73.5 million, compared to last year’s $25.6 million loss, on net revenues of $368.8 million. The company’s shares dropped more than 12 percent in after-hours trading because revenues were below analysts’ consensus of $377.5 million. In particular, the company highlighted contributions of its newly acquired Lifetouch school-photo business but the consumer business dropped... Read More
Canon cuts full-year outlook on lean demand for cameras, chips Earnings reports News 

Canon cuts full-year outlook on lean demand for cameras, chips

Reuters reports Canon Inc lowered its full-year earnings outlook for the second time this year, citing lower sales of DSLR cameras and lean demand for semiconductor-producing equipment. Canon cut its annual profit forecast to 335.5 billion yen ($2.99 billion) from 378.5 billion yen. Sales of SLR cameras shrank faster than expected as some customers held off purchases ahead of Canon’s launch of... Read More
Xerox announces third-quarter financial results Earnings reports News Press releases 

Xerox announces third-quarter financial results

Increasing Full-Year Free Cash Flow Expectations Third-Quarter 2018 Highlights: Operating cash flow of $274 million increases $717 million or $157 million on an adjusted basis Adjusted Operating margin of 13.1 percent expands 1.0 point year-over-year GAAP EPS from continuing operations of 34 cents, down 33 cents year-over-year, driven by an incremental non-cash charge of $95 million associated with the 2017... Read More
Kodak announces second-quarter earnings, will divest its flexographic division Earnings reports News 

Kodak announces second-quarter earnings, will divest its flexographic division

Eastman Kodak Co., Rochester, N.Y., reported second-quarter financial results for 2018, delivering net earnings of $4 million on revenues of $372 million and continued growth in its KODAK SONORA Process-Free Plates, KODAK FLEXCEL NX Packaging and KODAK PROSPER Inkjet businesses. The company also it ended the quarter with a cash balance of $275 million and expects to generate cash in... Read More
Shutterfly announces second quarter 2018 financial results Earnings reports News Opinion Press releases 

Shutterfly announces second quarter 2018 financial results

[Editor’s Note: The press-release text featuring the major points of the Shutterfly second-quarter earnings release is below, followed by a link to the extensive tables. A review of the detailed tables does provide some interesting information, including this by-segment breakdown in the Shutterfly Consumer Business: Appendix 1.5 Shutterfly, Inc. Shutterfly Consumer net revenue by Brand (In thousands) (Unaudited) Three Months... Read More
GoPro announces second quarter 2018 results Earnings reports Press releases 

GoPro announces second quarter 2018 results

Revenue of $283 Million, up 40% Sequentially Market Share Grows Internationally Fusion Captured 48% of the Spherical Camera Market in the US GoPro is the #1 Selling Camera in North America for the 18th Straight Quarter SAN MATEO, Calif., Aug. 2, 2018 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its second quarter ended June 30, 2018. “GoPro is... Read More
Apple reports record third-quarter results, but iPhone growth slowing Earnings reports Press releases 

Apple reports record third-quarter results, but iPhone growth slowing

Revenue Up 17 Percent and EPS Up 40 Percent to New June Quarter Records Services Revenue Reaches New All-Time High Cupertino, California — July 31, 2018 — Apple today announced financial results for its fiscal 2018 third quarter ended June 30, 2018. The Company posted quarterly revenue of $53.3 billion, an increase of 17 percent from the year-ago quarter, and... Read More
CafePress reports results for Second Quarter 2018 Earnings reports 

CafePress reports results for Second Quarter 2018

LOUISVILLE, Ky., July 31, 2018 (GLOBE NEWSWIRE) — CafePress Inc. (NASDAQ:PRSS) today reported financial results for the three months ended June 30, 2018. Management Commentary “The actions we took in the first quarter to drive business performance and return to profitability are positively impacting results.  During the second quarter, we experienced higher gross margins, a reduction in net loss and positive... Read More
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