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GoPro announces first quarter 2021 revenue up 71% Earnings reports News 

GoPro announces first quarter 2021 revenue up 71%

GaryPageau
GoPro Inc. reported first-quarter revenues were up 71% to $204 million, buoyed by a 224% increase in subscription revenue. Subscriptions were $82 million, resulting in 40% of quarterly revenue. The company has more than 1 million subscribers. GoPro sold about 700,000 camera units in the quarter, with an average retail price of $366. “This is the new GoPro. We’ve evolved... Read More
Xerox releases first-quarter results Earnings reports 

Xerox releases first-quarter results

GaryPageau
Xerox Holdings Corp. reported first-quarter revenues of $1.71 billion of revenue, down 8.1 percent year-over-year or 10.4 percent in constant currency. GAAP earnings per share (EPS) were $0.18, up $0.21 year-over-year, and adjusted EPS of $0.22, up by $0.01 year-over-year. “In the first quarter, in an environment where many offices remained closed, we grew equipment sales and IT Services revenue year-over-year.... Read More
United Imaging Group shows annual increase, despite pandemic Earnings reports News 

United Imaging Group shows annual increase, despite pandemic

GaryPageau ,
European buying group United Imaging Group announced, despite the global pandemic, 2020 sales increased 6% to €404.6 million euros. At €251.8 million, warehouse revenue is €29.7 million higher than the previous year’s figure (+13.4%). Consolidated sales including foreign sales of all subsidiaries are up 2.3% on the previous year at €465 million. Despite the pandemic, 2020 was the seventh business... Read More
COVID-19 impacts Photo-Me International passport photo business Earnings reports News 

COVID-19 impacts Photo-Me International passport photo business

GaryPageau
Photo-Me International plc, the instant-service equipment group, announced delayed results for the 18 months and 12 months ended 31 October 2020. The company reported revenue for the 18-month period was £310.2 million. For the 12-month period reported revenue was £186.3 million, 19.7% lower than in the previous 12-month period to 31 October 2019, reflecting the impact of the pandemic on... Read More
Smartphoto Group reports double-digit revenue growth Earnings reports 

Smartphoto Group reports double-digit revenue growth

GaryPageau
Wetteren, Belgium-based Smartphoto group reported double-digit revenue growth, increasing 9.9 million euro from 51.5 million euro in 2019 to 61.4 million euro in 2020. EBITDA grew by 34.9% from 8.8 million euro in 2019 to 11.9 million euro in 2020, i.e. an increase of 3.1 million euro. Net profits grew 21.24% to 8.397 euro, from 6.926 euro in 2019. The... Read More
CEWE plans to raise dividend for 12th consecutive year Earnings reports 

CEWE plans to raise dividend for 12th consecutive year

GaryPageau 1 Comment
The Board of Management of CEWE Stiftung & Co. KGaA resolved to propose to the Supervisory Board, on the basis of the preliminary unaudited figures for the 2020 financial year, to raise the dividend to 2.30 euros per eligible share, up from 2.00 euros. CEWE concluded the 2020 financial year sales increased to 727.3 million euros from 720.4 million euros... Read More
PlanetArt parent Claranova reports six-month results up 25% Earnings reports 

PlanetArt parent Claranova reports six-month results up 25%

GaryPageau ,
French conglomerate and parent of PlanetArt Claranova reported revenue for the first half of fiscal 2020 of €278 million, up 25% at constant exchange rates. Reflecting the group’s exposure to North American and UK currencies which weakened against the euro, this period was significantly impacted by exchange rate fluctuations. Taking into account this impact, revenue grew 19% at actual exchange... Read More
GoPro announces fourth quarter, full year 2020 results Earnings reports 

GoPro announces fourth quarter, full year 2020 results

GaryPageau
GoPro Inc. announced fourth-quarter and full-year results for year ended Dec. 31, 2020. The company posted fourth-quarter revenue of $358 million, a 28% increase from the previous quarter. For the full year, revenue was $892 million, down 25% from the $1.19 billion in 2019. “GoPro’s shift to a more subscription-centric consumer-direct model is resulting in a simpler, more profitable business... Read More
Smartphoto shows double-digit revenue in 2020 Earnings reports News 

Smartphoto shows double-digit revenue in 2020

GaryPageau ,
Wetteren, Belgium-based Smartphoto group again achieved another strong year in 2020. Revenue showed double-digit growth of 19.2% from 51.5 million euro in 2019 to 61.4 million euro in 2020. The company said improved marketing efficiency leads to an EBITDA growth of 34.9% from 8.8 million euro in 2019 to 11.9 million euro in 2020. Net cash increased by 5.0 million... Read More
Cimpress announces lower second-quarter results Earnings reports 

Cimpress announces lower second-quarter results

GaryPageau ,
Vistaprint parent Cimpress plc reported lower second-quarter fiscal 2021 results. Total revenues in the fiscal second quarter were $786.1 million compared with $820.3 million in the year-ago quarter. For six months, revenues were $1.37 billion in 2020, compared to $1.45 billion in 2019. Second-quarter net income was $33,901, compared to $190,649  last year. For six months, net income was $23,823... Read More
Industry Notes for the week of Jan. 25 Earnings reports People on the Move Updates 

Industry Notes for the week of Jan. 25

GaryPageau , ,
Events Photopia event gains the support of German photographic industry The photo and imaging trade show Photopia planned for Sept. 23 to 26, 2021 in Hamburg, Germany, has announced a cooperation with the German Photographic Industry Association (PIV), according to World of Photo. The four-day photo and video festival is set to enable “photo enthusiasts from all over the world to experience the latest... Read More
CEWE to report earnings increase for 2020 fiscal year Earnings reports 

CEWE to report earnings increase for 2020 fiscal year

GaryPageau
Oldenburg, Germany-based photo product maker CEWE Stiftung & Co. KGaA anticipates a significant earnings increase when 2020 financial results are reported. Uncertified initial figures CEWE concluding the year with a group turnover increase in the range of around 727 million euros (2019 FY: 720.4 million euros) and EBIT improved more than proportionately to a level of around 79 million euros... Read More