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GoPro announces Fourth Quarter and Full Year 2017 Results Earnings reports Press releases 

GoPro announces Fourth Quarter and Full Year 2017 Results

GaryPageau
Sell-Through Increases Following Pricing Initiatives 2017 Operating Expenses Down 34% YoY $247 Million in Cash at Year End 2017 – Up $50 Million From Q3 Expands ‘Plus’ Subscription Benefits at Same $4.99 Monthly Price – 130,000 Subscribers and Growing SAN MATEO, Calif., Feb. 1, 2018 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) announced financial results for its fourth quarter and full year... Read More
Xerox reports strong fourth-quarter 2017 results; delivers on full-year commitments Earnings reports Press releases 

Xerox reports strong fourth-quarter 2017 results; delivers on full-year commitments

GaryPageau
Total revenue of $2.7 billion, up 0.5 percent or down 2.0 percent in constant currency year-over-year Equipment sale revenue up 4.3 percent or 1.5 percent in constant currency year-over- year Adjusted operating margin of 14.4 percent, up 0.2 points year-over-year Operating cash flow, both GAAP and adjusted, at high-end of guidance ranges Second-year savings from Strategic Transformation program above target... Read More
Shutterfly announces fourth quarter and full year 2017 financial results Earnings reports Press releases 

Shutterfly announces fourth quarter and full year 2017 financial results

GaryPageau , , , 1 Comment
REDWOOD CITY, Calif.–(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 fourth quarter and full year ended December 31, 2017. “Q4 was a strong conclusion to a year in which we made significant strides in positioning Shutterfly for long-term, profitable growth,” said Christopher North, President and Chief Executive... Read More
Largan revenues jump 18% after hitting a 5-month low in December Earnings reports News 

Largan revenues jump 18% after hitting a 5-month low in December

GaryPageau ,
Smartphone-use lens module maker Largan Precision has reported consolidated revenues of NK$3,803,960, up 18% year-on-year. This follows NK$4,878,109 for December, the lowest monthly level since August 2017 with decreases of 13.14% sequentially and 10.43% on year, according to DigiTimes. The December revenue declined mainly due to off-season effects, Largan explained. Of lens-modules shipped in December, 10-megapixel and above models accounted... Read More
Photo-Me International half-year revenue up, but moving away from attended photo printing Earnings reports Press releases 

Photo-Me International half-year revenue up, but moving away from attended photo printing

GaryPageau
INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2017 Solid first half as laundry remains primary growth accelerator Photo-Me International plc (‘Photo-Me” or “the Group”), the instant service equipment group, announces its results for the six-month period ended 31 October 2017. Results Highlights Reported At constant currency Six months ended 31 Oct 2017 Six months ended 31 Oct 2016... Read More
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

GaryPageau
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

GaryPageau
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

GaryPageau ,
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

GaryPageau , , 1 Comment
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

GaryPageau , , 1 Comment
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

GaryPageau
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

GaryPageau
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

GaryPageau , ,
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

GaryPageau , , , , , , ,
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

GaryPageau , , , , , , , , , , , , , , , , 2 Comments
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