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Moonpig reports lower six-month results Earnings reports News 

Moonpig reports lower six-month results

 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%

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%

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

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

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

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%

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

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

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

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

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