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Leica Camera AG records strong revenue growth for the 2016/2017 financial year and bucks the downward trend in the camera market Earnings reports Press releases 

Leica Camera AG records strong revenue growth for the 2016/2017 financial year and bucks the downward trend in the camera market

The Leica Camera Group achieved revenue of almost 400 million euros in the past financial year 2016/2017 (31 March 2017) and can therefore look back very positively on the previous twelve-month period. With strong revenue growth of more than six per cent, Leica bucked the overall downward trend in the global camera market, which declined by around 10 per cent... Read More
Best Buy Reports Third Quarter Results Earnings reports Press releases 

Best Buy Reports Third Quarter Results

Enterprise Comparable Sales Increased 4.4% Diluted EPS of $0.78 Increased 30% Raising FY18 Financial Outlook MINNEAPOLIS–(BUSINESS WIRE)–Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter ended October 28, 2017 (“Q3 FY18”), as compared to the third quarter ended October 29, 2016 (“Q3 FY17”). The company reported diluted earnings per share from continuing operations of $0.78, an... Read More
Kodak film production flat in third quarter Earnings reports News Opinion Press releases 

Kodak film production flat in third quarter

Although primarily a printing/graphic arts company, Eastman Kodak Co. is still producing a lot of film-based products these days, as well as licensing numerous products with the Kodak label. In its third-quarter earnings report, the Rochester, N.Y.-based company stated sales in its Consumer and Film Division were $55 million, flat compared last year. Operational EBITDA was negative $2 million, a decline... Read More
Snap reports earnings, stock price plummets, redesign on the way Earnings reports News Opinion 

Snap reports earnings, stock price plummets, redesign on the way

Snap’s road to profitability hits bump as Spectacle sales stall Snapchat app and Spectacles maker Snap Inc. still hasn’t told a story Wall Street  wants to hear, as the stock dropped 15 percent after the company reported disappointing third-quarter results (shown below). Snap revenue was up 62 percent to $207 million in the third quarter but losses mounted faster: $443 million... Read More
Cimpress Reports First Quarter Fiscal Year 2018 Financial Results Earnings reports Press releases 

Cimpress Reports First Quarter Fiscal Year 2018 Financial Results

First quarter 2018 results: Revenue grew 27 percent year over year to $563.3 million Revenue grew 12 percent year over year excluding the impact of currency exchange rate fluctuations and revenue from businesses acquired or divested during the past twelve months GAAP income from operations was $46.6 million in the current period versus a loss from operations of $27.8 million... Read More
GoPro Announces Third Quarter 2017 Results Earnings reports Press releases 

GoPro Announces Third Quarter 2017 Results

Revenue Up 37% YoY; 40% Gross Margin GAAP & Non-GAAP Profitable in Q3 Launches HERO6 — Available On-Shelf Globally Fusion Spherical Camera Shipping in November SAN MATEO, Calif., Nov. 1, 2017 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its third quarter ended September 30, 2017. “GoPro has turned a corner, restoring growth and profitability to our business,” said... Read More
GoPro Announces Second Quarter 2017 Results Earnings reports Press releases 

GoPro Announces Second Quarter 2017 Results

Revenue Up 34% YoY; Positive Adjusted EBITDA Camera Sell-Thru Up 18% Sequentially HERO6 and Fusion Cameras On Track for 2017 Karma #2 Selling Drone Brand in U.S. QuikStories Positions GoPro as a Powerful Extension of the Smartphone SAN MATEO, Calif., Aug. 3, 2017 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its second quarter ended June 30, 2017. “GoPro... Read More
Cimpress Reports Fourth Quarter and Fiscal Year 2017 Financial Results Earnings reports Press releases 

Cimpress Reports Fourth Quarter and Fiscal Year 2017 Financial Results

finanFourth quarter 2017 results: Revenue grew 18 percent year over year to $564.3 million Revenue grew 9 percent year over year excluding the impact of currency exchange rate fluctuations and revenue from businesses acquired during the past twelve months GAAP loss from operations was $9.7 million in the current period versus income from operations of $16.0 million in the year-ago... Read More
Opinion: Shutterfly earnings report shows pivot is timely Earnings reports Opinion 

Opinion: Shutterfly earnings report shows pivot is timely

Shutterfly reported its second-quarter earnings report yesterday and the results indicate the photo-printing leader has a way to go in its on-going restructuring plans (detailed here).  All sales growth was driven by the Shutterfly Business Services (SBS) unit, for example, and consumer sales-per-order continues to weaken. The SBS business may have tighter gross margins, but at least it is growing at... Read More
Shutterfly earnings report reveals overall printing market trends and challenges Earnings reports Opinion 

Shutterfly earnings report reveals overall printing market trends and challenges

Yesterday, photo-printing industry leader Shutterfly Inc. released its first quarter earnings, which revealed once again the on-going struggles of making a year-round business out the typically seasonal photo-printing business. Shutterfly has invested millions in photo-printing plants with national reach, and then watch much of the equipment sit idle until the fourth quarter. The challenges faced by Shutterfly, however, are also mirrored... Read More
Shutterfly Announces First Quarter 2017 Financial Results  Earnings reports News 

Shutterfly Announces First Quarter 2017 Financial Results 

(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ:SFLY), the leading online retailer and manufacturer of high-quality personalized products and services, today announced financial results for the first quarter ended March 31, 2017. “In the first quarter, we announced a major initiative to simplify our business over the course of 2017, focusing our resources on our industry-leading Shutterfly and Tiny Prints Consumer brands and our Enterprise... Read More
Move over Snap: Facebook is the camera company to beat  Earnings reports Opinion 

Move over Snap: Facebook is the camera company to beat 

From Hans Hartman’s weekly Mobile Photo Perspectives insights. It’s the platform, stupid Just as the world finally figured out why Snap relabeled itself as a camera company, last week Facebook proclaimed it’s not just a camera company, it’s a camera company built on the world’s ambitious augmented reality platform. Let’s add some perspectives to their F8 announcements: Recently, Facebook has... Read More