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U.S. postal service reports first quarter fiscal 2019 results Earnings reports Press releases 

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

GaryPageau
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

GaryPageau
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

GaryPageau ,
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

GaryPageau 1 Comment
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

GaryPageau
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
Cimpress has rough second quarter Earnings reports News 

Cimpress has rough second quarter

GaryPageau ,
In a letter to shareholders, Cimpress Chairman and CEO Robert S. Keane called the company’s second quarter “a poor quarter, the worst in a long time.” “As you will recall, we were also disappointed with our revenue growth last quarter,” wrote Keane. “Our deteriorating performance over the past six plus months led to some serious soul searching about the root... Read More
Xerox exceeds cash flow guidance, grows EPS and announces 2019 guidance Earnings reports News Press releases 

Xerox exceeds cash flow guidance, grows EPS and announces 2019 guidance

GaryPageau
Fourth Quarter and Full Year 2018 Highlights: Operating cash flow of $415 million in the quarter increases $564 million year-over-year, or $83 million year-over-year on an adjusted basis. Operating cash flow of $1.14 billion for the full year exceeds guidance and increases $1.32 billion year-over-year, or $168 million year-over-year on an adjusted basis. GAAP EPS from continuing operations of $0.56... Read More
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

GaryPageau , , ,
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

GaryPageau
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

GaryPageau ,
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

GaryPageau ,
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

GaryPageau
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

GaryPageau
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

GaryPageau , ,
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
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