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CEWE sees sales increase for first half of 2019, lauds WhiteWall contribution Earnings reports Feature News Opinion 

CEWE sees sales increase for first half of 2019, lauds WhiteWall contribution

GaryPageau ,
Leading European photo personalization service CEWE Foundation & Co. KGaA announced first-half sales increased 7.6 percent, with the core photofinishing segment growing 11.3% to 200.8 million euros and CEWE Photobook sales increasing by 8.3% to 2.57 million copies sold. The company management also added that acquisition of WhiteWall, the premium wall-art specialist, is on pace to contribute meaningfully to the company.... Read More
Kiosk maker Generation Next announces July results, staff reductions and reorganization Earnings reports News Press releases 

Kiosk maker Generation Next announces July results, staff reductions and reorganization

GaryPageau ,
SAN DIEGO, Aug. 08, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Generation Next Franchise Brands announced several moves which support the Company’s objectives to increase cash flow, raise capital, and increase its Reis & Irvy’s kiosk production. The details provided by the Company include: Expanding the Board of Directors through a search for two additional independent members with a goal... Read More
Shutterfly Announces Second Quarter 2019 Financial Results Earnings reports Opinion Press releases 

Shutterfly Announces Second Quarter 2019 Financial Results

GaryPageau , , 1 Comment
Shutterfly announced second-quarter financial highlights, for the period ending June 30. (To read the entire press release, click here.) The company, which entered into an agreement in June to be acquired by Apollo Global Management in a deal expected to be concluded early in the fourth quarter. Shutterfly reported net revenue of $473 million, with an operating loss of $7.9... Read More
Cimpress reports improved sales, earnings for fiscal 2019, CEO promises more changes Earnings reports News Opinion 

Cimpress reports improved sales, earnings for fiscal 2019, CEO promises more changes

GaryPageau ,
Cimpress executives characterized the Netherlands-based company’s recently concluded fiscal 2019 as a disappointing and difficult year, with revenue at its flagship Vistaprint business increasing less than 1% and profitability declining in its National Pen segment. Cimpress reported it doubled overall net income to nearly $93.5 million, or $3.00 per diluted share, compared to $1.36 per diluted share the prior year. Cimpress... Read More
GoPro announces second quarter 2019 results Earnings reports News Press releases 

GoPro announces second quarter 2019 results

GaryPageau
Second Quarter Results In-line with Guidance Revenue of $292 Million Increased 20% Sequentially and 3% Year-over-Year Sell-Through of Cameras at $300 and Above Increased More Than 90% Year-over-Year GoPro Plus Paid Subscribers Increased 15% Sequentially and 50% Year-over-Year SAN MATEO, Calif., Aug. 1, 2019 /PRNewswire/ — GoPro, Inc.  announced financial results for its second quarter ended June 30, 2019. “In the second quarter,... Read More
Snap announces 48 percent increase in revenue for second quarter Earnings reports Press releases 

Snap announces 48 percent increase in revenue for second quarter

GaryPageau
Daily Active Users increased 8% year-over-year to 203 million Revenue increased 48% year-over-year to $388 million Adjusted EBITDA improved 53% year-over-year to $(79) million SANTA MONICA, Calif.–(BUSINESS WIRE)– Snap Inc. today announced financial results for the quarter ended June 30, 2019. Financial Highlights Operating cash flow improved by $104 million to $(96) million in Q2 2019, compared to the prior year. Free Cash Flow improved... Read More
Photo-Me still seeing growth in photo kiosk revenues Earnings reports News 

Photo-Me still seeing growth in photo kiosk revenues

GaryPageau 1 Comment
European kiosk maker Photo-Me International PLC reported, for the year ending April 30, lower sales due to uncertainty in the U.K. market and a now-completed restructuring of its business. “Our operations in Continental Europe and Asia continued to perform in line with our expectations,” the company said in a press release. “As previously announced, overall trading in the UK became... Read More
Generation Next announces fiscal year end revenue of $17.1 million Earnings reports Press releases 

Generation Next announces fiscal year end revenue of $17.1 million

GaryPageau , 1 Comment
74 New Kiosk Installations Installed in June Result in $3.1 Million of Revenue Recognition for the Month SAN DIEGO, CA, July 02, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Generation Next (OTCQB: VEND) reported June revenue of $3.1 million on 74 deliveries bringing the total revenue for the quarter to $8.3 million on 207 kiosks. In addition, the company reported... Read More
Industry notes for the week of May 24 Earnings reports People on the Move 

Industry notes for the week of May 24

GaryPageau ,
Rumours and reports Here are some interesting items from around the internet: Shoebox moves its shutdown date from May 22 to May 27. Robbery at The Camera Store in Canada – staff attacked with bear spray Masked men break Crescent Springs photography store owner’s arm, steal high-end cameras, via WCPO Kodak Pension Plan 2 officially enters PPF assessment in largest claim on lifeboat to date,... Read More
GoPro announces first quarter 2019 results Earnings reports Press releases 

GoPro announces first quarter 2019 results

GaryPageau
First Quarter Revenue of $243 Million, Up 20% Year-over-Year Revenue Grew in All Regions Year-over-Year Record Organic Viewership of GoPro Content on Social Platforms GoPro’s YouTube Channel Surpassed 2 Billion Lifetime Views in April 2019 SAN MATEO, Calif., May 9, 2019 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its first quarter ended March 31, 2019. “GoPro grew first-quarter revenue 20% year-over-year... Read More
Generation NEXT announces $3.0 million of revenue recognized in April 2019 results Earnings reports News Press releases 

Generation NEXT announces $3.0 million of revenue recognized in April 2019 results

GaryPageau , ,
Company Installed 76 New Kiosks at an Average Revenue of $40,000 Per Unit SAN DIEGO, CA, May 01, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) announced its monthly results for April today showing the fourth month in a row of revenue growth. April’s revenue was approximately $3.0 million on 76 deliveries of Reis... Read More
Cimpress reports mixed results for third quarter Earnings reports News 

Cimpress reports mixed results for third quarter

GaryPageau ,
Cimpress reported mixed results for the third, according to a letter to shareholders from chairman and CEO Robert S. Keane. Among the highlights: • Consolidated revenue grew 4% year over year in Q3 FY2019, and organic constant-currency revenue grew 3%, compared to 16% and 11%, respectively, in Q3 FY2018. This was largely driven by essentially flat revenue growth at Vistaprint, which... Read More
Apple services revenues reaches all-time high of $11.5 billion, but overall sales down 5% Earnings reports News Press releases 

Apple services revenues reaches all-time high of $11.5 billion, but overall sales down 5%

GaryPageau
Services Revenue Reaches New All-Time High of $11.5 Billion Cupertino, California — April 30, 2019 — Apple today announced financial results for its fiscal 2019 second quarter ended March 30, 2019. The Company posted quarterly revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent. International... Read More
Generation NEXT announces $3.0 million of revenue recognized in April 2019 results Earnings reports News Press releases 

Generation NEXT announces $3.0 million of revenue recognized in April 2019 results

GaryPageau ,
Projected Revenue for Fiscal Q4 2019 Increased to Between $8.2M and $9.8M SAN DIEGO, CA, April 29, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Generation Next Franchise Brands (OTCQB: VEND) announced today an increase in the estimate of Reis & Irvy’s unattended retail kiosks to be installed during the fiscal year ending June 30, 2019. The Company now estimates that it will install between 400 and 440 Reis... Read More
Shutterfly announces first quarter 2019 financial results Earnings reports News Opinion 

Shutterfly announces first quarter 2019 financial results

GaryPageau ,
Shutterfly announced first-quarter 2019 financial results, coinciding with rumours from reputables sites like Bloomberg that the leading online photo personalization service has drawn acquisition interest from Apollo Global Management LLC and Cerberus Capital Management. As noted below, the company’s board is not officially commenting. Overall, the company’s results were in line with expectations, management said. Shutterfly’s struggling Consumer segment saw a 2%... Read More