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Apple reports fourth-quarter results Earnings reports Press releases 

Apple reports fourth-quarter results

GaryPageau
Revenue Up 20 Percent and EPS Up 41 Percent to New September Quarter Records Services Revenue of $10 Billion Reaches New All-Time High CUPERTINO, California — November 1, 2018 — Apple today announced financial results for its fiscal 2018 fourth quarter ended September 29, 2018. The Company posted quarterly revenue of $62.9 billion, an increase of 20 percent from the... Read More
GoPro announces third-quarter 2018 results Earnings reports Press releases 

GoPro announces third-quarter 2018 results

GaryPageau
Revenue of $286 Million HERO7 Black Achieves Strongest Month-One Unit Sell-Through in Company History GoPro Plus Subscribers Grow 16% Sequentially GoPro is the No. 1 Selling Camera in North America for the 19th Straight Quarter SAN MATEO, Calif., Nov. 1, 2018 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its third quarter ended September 30, 2018. “GoPro completed... Read More
Shutterfly’s third-quarter consumer business disappoints, company misses target Earnings reports News Press releases 

Shutterfly’s third-quarter consumer business disappoints, company misses target

GaryPageau , ,
Shutterfly reported a third-quarter net loss of $73.5 million, compared to last year’s $25.6 million loss, on net revenues of $368.8 million. The company’s shares dropped more than 12 percent in after-hours trading because revenues were below analysts’ consensus of $377.5 million. In particular, the company highlighted contributions of its newly acquired Lifetouch school-photo business but the consumer business dropped... Read More
Canon cuts full-year outlook on lean demand for cameras, chips Earnings reports News 

Canon cuts full-year outlook on lean demand for cameras, chips

GaryPageau
Reuters reports Canon Inc lowered its full-year earnings outlook for the second time this year, citing lower sales of DSLR cameras and lean demand for semiconductor-producing equipment. Canon cut its annual profit forecast to 335.5 billion yen ($2.99 billion) from 378.5 billion yen. Sales of SLR cameras shrank faster than expected as some customers held off purchases ahead of Canon’s launch of... Read More
Xerox announces third-quarter financial results Earnings reports News Press releases 

Xerox announces third-quarter financial results

GaryPageau
Increasing Full-Year Free Cash Flow Expectations Third-Quarter 2018 Highlights: Operating cash flow of $274 million increases $717 million or $157 million on an adjusted basis Adjusted Operating margin of 13.1 percent expands 1.0 point year-over-year GAAP EPS from continuing operations of 34 cents, down 33 cents year-over-year, driven by an incremental non-cash charge of $95 million associated with the 2017... Read More
Kodak announces second-quarter earnings, will divest its flexographic division Earnings reports News 

Kodak announces second-quarter earnings, will divest its flexographic division

GaryPageau ,
Eastman Kodak Co., Rochester, N.Y., reported second-quarter financial results for 2018, delivering net earnings of $4 million on revenues of $372 million and continued growth in its KODAK SONORA Process-Free Plates, KODAK FLEXCEL NX Packaging and KODAK PROSPER Inkjet businesses. The company also it ended the quarter with a cash balance of $275 million and expects to generate cash in... Read More
Shutterfly announces second quarter 2018 financial results Earnings reports News Opinion Press releases 

Shutterfly announces second quarter 2018 financial results

GaryPageau
[Editor’s Note: The press-release text featuring the major points of the Shutterfly second-quarter earnings release is below, followed by a link to the extensive tables. A review of the detailed tables does provide some interesting information, including this by-segment breakdown in the Shutterfly Consumer Business: Appendix 1.5 Shutterfly, Inc. Shutterfly Consumer net revenue by Brand (In thousands) (Unaudited) Three Months... Read More
GoPro announces second quarter 2018 results Earnings reports Press releases 

GoPro announces second quarter 2018 results

GaryPageau
Revenue of $283 Million, up 40% Sequentially Market Share Grows Internationally Fusion Captured 48% of the Spherical Camera Market in the US GoPro is the #1 Selling Camera in North America for the 18th Straight Quarter SAN MATEO, Calif., Aug. 2, 2018 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its second quarter ended June 30, 2018. “GoPro is... Read More
Apple reports record third-quarter results, but iPhone growth slowing Earnings reports Press releases 

Apple reports record third-quarter results, but iPhone growth slowing

GaryPageau
Revenue Up 17 Percent and EPS Up 40 Percent to New June Quarter Records Services Revenue Reaches New All-Time High Cupertino, California — July 31, 2018 — Apple today announced financial results for its fiscal 2018 third quarter ended June 30, 2018. The Company posted quarterly revenue of $53.3 billion, an increase of 17 percent from the year-ago quarter, and... Read More
CafePress reports results for Second Quarter 2018 Earnings reports 

CafePress reports results for Second Quarter 2018

GaryPageau
LOUISVILLE, Ky., July 31, 2018 (GLOBE NEWSWIRE) — CafePress Inc. (NASDAQ:PRSS) today reported financial results for the three months ended June 30, 2018. Management Commentary “The actions we took in the first quarter to drive business performance and return to profitability are positively impacting results.  During the second quarter, we experienced higher gross margins, a reduction in net loss and positive... Read More
Samsung second-quarter earnings reveal softness in Galaxy 9 sales Earnings reports News 

Samsung second-quarter earnings reveal softness in Galaxy 9 sales

GaryPageau , ,
Samsung Electronics reported second-quarter revenue fell due to softer sales of smartphones and display panels, despite good memory-chip demand. Samsung reported KRW 58.48 trillion in consolidated quarterly revenue, down 4 percent from last year, and KRW 14.87 trillion in quarterly operating profit, an increase of 6 percent. The company’s strong memory business contributed to higher operating profit, but net profit... Read More
Xerox CEO sets direction to drive improved performance Earnings reports Press releases 

Xerox CEO sets direction to drive improved performance

GaryPageau 1 Comment
Reports on second-quarter 2018 results and establishes business priorities: Drive revenue Optimize operations for simplicity to better serve clients and partners Re-energize the innovation engine Focus on cash flow and increase capital returns July 26, 2018 06:30 AM Eastern Daylight Time NORWALK, Conn.–(BUSINESS WIRE)–Xerox (NYSE: XRX) Vice Chairman and CEO John Visentin today outlined his business imperatives to transform the... Read More
Photo-Me announces fiscal-year results; laundry segment continues growth Earnings reports Press releases 

Photo-Me announces fiscal-year results; laundry segment continues growth

GaryPageau
Investment in Laundry continues to drive growth  Photo-Me International plc, the instant-service equipment group, announces its results for the year ended 30 April 2018.  RESULTS HIGHLIGHTS: Reported At constant currency 2018 2017 Change 20171 Change1 Revenue £229.8m £214.7m +7.1% £216.9m +5.9% EBITDA (excluding associates) £71.0m £69.0m +2.8% £70.4m     +1.0% Underlying profit before tax2 £46.8m £46.6m +0.3% £47.5m      -1.6%... Read More
Adobe reports record revenue Earnings reports Press releases 

Adobe reports record revenue

GaryPageau
Adobe Document Cloud Achieves Year-Over-Year Growth of 22 Percent SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe (Nasdaq:ADBE) today reported strong financial results for its second quarter fiscal year 2018 ended June 1, 2018. Financial Highlights Adobe achieved record quarterly revenue of $2.20 billion in its second quarter of fiscal year 2018, which represents 24 percent year-over-year revenue growth. Diluted earnings per share was... Read More
The Michaels Companies announces first quarter 2018 results Earnings reports Press releases 

The Michaels Companies announces first quarter 2018 results

GaryPageau
Comparable store sales increased 0.4% Diluted EPS of $0.15; adjusted diluted EPS of $0.39, excluding $0.24 per diluted share related to one-time restructuring charges and tax reform Reaffirms FY18 Guidance IRVING, Texas–(BUSINESS WIRE)–Jun. 14, 2018– The Michaels Companies, Inc. (NASDAQ: MIK) today reported diluted earnings per share for the first quarter of fiscal 2018 of $0.15, or $0.39 per diluted... Read More