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Adobe reports record $3.94 billion third-quarter revenue Earnings reports 

Adobe reports record $3.94 billion third-quarter revenue

GaryPageau
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

GaryPageau ,
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

GaryPageau
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%

GaryPageau
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

GaryPageau ,
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

GaryPageau ,
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

GaryPageau
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

GaryPageau
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

GaryPageau
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

GaryPageau
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

GaryPageau
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%

GaryPageau
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