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Xerox reports lower third quarter sales, increased profits Earnings reports 

Xerox reports lower third quarter sales, increased profits

GaryPageau
Xerox Corp. reported third-quarter revenue dropped more than 6% to $2.2 billion, compared to $2.35 billion last year. Net income was $221 million, compared to $89 million in 2018. The company cited improvements in cash flow – $356 million of operating cash flow, up $82 million year-over-year, and $339 million of free cash flow, up $88 million year-over-year – and... Read More
Snap announces third-quarter 2019 financial results Earnings reports Press releases 

Snap announces third-quarter 2019 financial results

GaryPageau
Daily Active Users increased 13% year-over-year to 210 million Revenue increased 50% year-over-year to $446 million Operating cash flow improved 43% year-over-year to $(76) million SANTA MONICA, Calif.–(BUSINESS WIRE)–Snap Inc. today announced financial results for the quarter ended September 30, 2019. Financial Highlights Operating cash flow improved by $56 million to $(76) million in Q3 2019, compared to the prior... Read More
Industry notes from the week of Oct. 4 Earnings reports People on the Move Photo contests Press releases Promotions Updates 

Industry notes from the week of Oct. 4

GaryPageau
Rumours and interesting items from around the internet Photobox appoints eight&four as creative and media agency, via ProlificLondon. The agency aims to enhance Photobox’s presence amongst mums with younger children with a focus on building awareness that the 100’s of pictures taken on smartphones can easily be transformed into gifts and keepsakes. Largan sues HP, two Taiwanese rivals for patent infringements,... Read More
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