Category: Earnings reports – Page 16 – The Dead Pixels Society

GoPro announces fourth quarter, full year 2020 results

February 6, 2021February 14, 2021 GaryPageau GoPro

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

Earnings reports News

Smartphoto shows double-digit revenue in 2020

January 29, 2021February 5, 2021 GaryPageau smartphoto, Smartphoto Group N.V.

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

Earnings reports

Cimpress announces lower second-quarter results

January 28, 2021February 5, 2021 GaryPageau Cimpress, Vistaprint

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

Earnings reports People on the Move Updates

Industry Notes for the week of Jan. 25

January 26, 2021January 28, 2021 GaryPageau Adobe, Artifact Uprising, Nikon

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

Earnings reports

CEWE to report earnings increase for 2020 fiscal year

January 22, 2021January 25, 2021 GaryPageau CeWe

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

Earnings reports

Best Buy reports strong third-quarter results

November 25, 2020November 25, 2020 GaryPageau Best Buy

Best Buy Co., Inc. announced third-quarter results showed comparable stores sales were up 23%, compared to the 13-week third quarter ended Nov. 2, 2019. Best Buy’s domestic revenue of $10.85 billion increased 21.0% versus last year., driven by comparable sales growth of 22.6%, which was partially offset by the loss of revenue from permanent store closures in the past year.... Read More

Earnings reports

HP reports 2020 net revenue down 3.6%

November 25, 2020November 25, 2020 GaryPageau HP

HP Inc. announced fiscal 2020 net revenue of $56.6 billion, down 3.6% (down 2.3% in constant currency) from the prior-year period. In the printing segment, net revenue was $4.8 billion, down 3% year over year (down 2% in constant currency) with a 14.8% operating margin. Total hardware units were up 14% with Consumer hardware units up 18% and Commercial hardware units... Read More

Earnings reports

Claranova reports first-quarter growth up 19%

November 16, 2020November 23, 2020 GaryPageau CafePress, Claranova, FreePrints, PlanetArt

Paris-based Claranova reported €90 million in revenue for the July-September 2020 quarter, up 19% (excluding Personal Creations and CafePress), maintaining strong growth momentum despite the continuing difficult economic and health conditions, the company said. Growth in Q1 2020-2021 included a negative currency effect of 4% reflecting the euro’s appreciation relative to currencies in North America where the Group has a... Read More

Earnings reports

CEWE reports modest earnings improvement

November 12, 2020November 14, 2020 GaryPageau CeWe

CEWE Stiftung & Co. KGaA reported a 3.3% sales decline to 413.3 million euros, compared to 427.2 million euros, for the first three quarters of 2020. The EBIT improved by 1.4 million euros to -0.6 million euros, compared to -2.0 million euros. “Just like the economy in general, we are naturally also feeling the impact of the coronavirus pandemic,” says... Read More

Earnings reports

GoPro doubles third-quarter revenue

November 5, 2020November 6, 2020 GaryPageau GoPro

GoPro reports third-quarter 2020 revenue was $281 million, a 109% sequential improvement from $134 million, driven by the HERO9 and a boost in GoPro subscriptions. Net income dropped to $3 million, however, from $31 million last year. “Thanks to consistent momentum throughout the quarter and the strong launch of HERO9 Black coupled with our GoPro subscription service, in Q3 GoPro achieved... Read More

Earnings reports

Xerox reports 19 percent drop in third-quarter revenue

October 2, 2020October 28, 2020 GaryPageau Xerox

Xerox Holdings Corp. announced its third-quarter 2020 revenue of $1.77 billion, down 18.9 percent year-over-year or 19.7 percent in constant currency and up $302 million from the second quarter. Operating cash flow from continuing operations was $106 million, down $242 million year-over-year and up $72 million from the second quarter. “The flexibility and financial discipline we have built in our... Read More

Earnings reports

PlanetArt sees fiscal 2020 revenues climb 78%

October 1, 2020October 3, 2020 GaryPageau CafePress, CaffePress, CanvasWorld, FreePrints, Personal Creations, Photo Affections, PlanetArt, SimplytoImpress

Claranova, the parent company of PlanetArt, closed fiscal 2020 with record growth. The group cleared the €400 million revenue bar (€409 million), progressing 56%, of which organic growth of 20%, the company said. Claranova’s three-year average annual growth rate is 46% and the group has enjoyed 14 consecutive quarters of growth. This strong growth was achieved while preserving operating profitability... Read More

Earnings reports

Kodak reports second-quarter 2020 loss

August 11, 2020August 13, 2020 GaryPageau Eastman Kodak Co.

Eastman Kodak Co. reported second-quarter 2020 revenues of $213 million and a net loss of $5 million. “Kodak continued to navigate the challenges posed by the pandemic during the second quarter,” said Jim Continenza, Kodak’s Executive Chairman. “Although the print industry slowdown impacted our performance, we continued to serve our customers and furthered our long history of innovation through the... Read More

Earnings reports

GoPro announces second-quarter revenues up 12%

August 7, 2020August 12, 2020 GaryPageau GoPro

GoPro, Inc. announced financial results for its second quarter ended June 30, with revenue up 12% of $134 million. Sales from GoPro.com grew to 44%. The company sold 750,000 units. Our strategic shift to a more direct-to-consumer business with lower operating costs is working,” said Nicholas Woodman, GoPro founder and CEO. “Camera sell-through during Q2 demonstrates resilient consumer demand for GoPro and an increasing... Read More

Earnings reports Events People on the Move

Industry Notes for the week of Aug. 1

August 3, 2020August 4, 2020 GaryPageau

Retail news Best Buy to be closed on Thanksgiving Best Buy announced all retail locations will be closed Thanksgiving Day, joining a growing number of retailers who are doing the same. 5 ways retailers can embrace the new consumer mentality during Covid-19 Bob Phibbs, the Retail Doc, offers solid advice: “Economic pressures of Covid-19 are accelerating the rightsizing of America’s... Read More