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Snap announces 2021 revenues up 64% Earnings reports News 

Snap announces 2021 revenues up 64%

GaryPageau
Snap Inc. reported financial results for the quarter and full-year ended Dec. 31, 2021. Fourth-quarter daily active users increased 20% year-over-year to 319 million and revenue increased 42% and full-year revenue increased 64% year-over-year “2021 was an exciting year for Snap and we made significant progress growing our business and serving our global community,” said Evan Spiegel, CEO. “The strength... Read More
Impacted by COVID, Kodak Alaris reports lower results Earnings reports News 

Impacted by COVID, Kodak Alaris reports lower results

GaryPageau ,
Kodak Alaris Ltd., Hemel Hempstead, U.K., released its annual final annual financial report. Kodak Alaris Ltd. is comprised of parts of the Alaris and Kodak Moments businesses of the Kodak Alaris Group in Europe, the Middle East, and Africa. Kodka Following an internal reorganization of the PPF business, Kodak Moments successfully integrated the Film business with effect from April 1,... Read More
smartphoto group grows further in 2021 Earnings reports 

smartphoto group grows further in 2021

GaryPageau
Smartphoto Group realized in 2021 an increase in revenue to 63.1 million euro compared to 61.4 million euro in 2020. This growth in revenue is the combination of the organic evolution and the one-month contribution of Frucon2 NV (Nayan), following the acquisition. The strict lockdown measures in 2020 resulted in exceptionally strong sales of books and prints in the spring and... Read More
Urbanimmersive announces revenues decreased 11 percent Earnings reports News 

Urbanimmersive announces revenues decreased 11 percent

GaryPageau
Urbanimmersive Inc. announced select financial results and presents business highlights for its fourth quarter and fiscal year ended Sept. 30, 2021. The company generated revenues of $4.069 million compared to revenues of $4.594 million for 2020, a decrease of $525,000 or 11%. This decrease of $525,000 is explained by the significant decrease in sales of 3D photography equipment (-$603,000) as... Read More
Xerox reports fourth-quarter revenue down 7.9 percent Earnings reports 

Xerox reports fourth-quarter revenue down 7.9 percent

GaryPageau
Xerox Holdings Corp. announced 2021 fourth-quarter and full-year results and guidance for 2022. The company reported $1.78 billion of revenue in Q4, down 7.9 percent year-over-year, or down 7.4 percent in constant currency; $7.04 billion of FY revenue, up 0.2 percent year-over-year, or down 1.4 percent in constant currency. “Our team’s focus and dedication drove improved results in 2021 despite ongoing... Read More
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

GaryPageau
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

GaryPageau
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

GaryPageau
 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%

GaryPageau
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%

GaryPageau
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

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