Category: Earnings reports – Page 3 – The Dead Pixels Society

Profoto reports decrease in first-quarter sales

May 14, 2024 GaryPageau Profoto

Profoto reported net sales totaled SEK 171m (229), a decrease of 25.4 percent, with most of that coming from organic sales decline, with a slight impact from currency. EBIT was SEK 34m (72), and the EBIT margin, 20.1 percent (31.3). Profit was halved to SEK 27m (56). “Sales were SEK 171m, a decrease of 25 percent compared to the first... Read More

Earnings reports

Kodak reports level earnings on 10 percent sales decline in first quarter

May 10, 2024May 15, 2024 GaryPageau Eastman Kodak Co., Kodak

Eastman Kodak Co., reported first-quarter consolidated revenues of $249 million, compared with $278 million for Q1 2023, a decrease of $29 million or 10 percent. The company reported gross profit of $49 million, compared with $50 million for Q1 2023, a decrease of $1 million or 2 percent, and GAAP net income of $32 million, compared with net income of... Read More

Earnings reports News

Fujifilm reports 3.6% increase in annual revenues

May 10, 2024May 15, 2024 GaryPageau Fujifilm

FUJIFILM Holdings Corp., announced, in the fiscal year ended March 31, 2024, revenue increased by 3.6% year-over-year to JPY2,960.9 billion, mainly due to strong sales in the Medical Systems and Imaging businesses and the impact of exchange rates. Thanks to revenue growth and the impact of exchange rates, operating income amounted to JPY276.7 billion, an increase of 1.3% year-over-year. Net... Read More

Earnings reports News

Kornit Digital reports first quarter 2024 results

May 9, 2024May 17, 2024 GaryPageau Kornit Digital

Textile printing equipment maker Kornit Digital Ltd.a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies, reported today its results for the first quarter ended March 31, 2024. “Despite enduring macroeconomic challenges, we saw success with the strategic initiatives we implemented in Q4 and early this quarter.” said Ronen Samuel, Kornit’s Chief Executive Officer. “Our pipeline for... Read More

Earnings reports News

GoPro reports first-quarter sales up 7% but net losses climb

May 8, 2024May 15, 2024 GaryPageau GoPro

GoPro Inc. announced first quarter revenue was $155 million, down 11% year-over-year, while subscription and service revenue increased 12% year-over-year to $26 million. The GAAP net loss was $339 million, or a $2.24 loss per share, compared to a net loss of $30 million or $0.19 loss per share, in the prior year period, due to the recording of a... Read More

Earnings reports

Claranova reports third-quarter revenue growth

May 8, 2024May 15, 2024 GaryPageau Avantquest, Claranova, PlanetArt

PlanetArt parent company Claranova reported a nine-month turnover in 2023-2024 of €395 million. “Claranova continues its recovery, with turnover increasing by +2% in the third quarter,” said Eric Gareau, Managing Director of Claranova. “This growth dynamic is driven by both a robust performance from Avanquest and myDevices, while PlanetArt continues to improve the effectiveness of its marketing investments. The efforts... Read More

Earnings reports

Snap reports reports first quarter revenue up 21%

April 25, 2024April 26, 2024 GaryPageau Snap, Snapchat

Snap Inc. announced financial results for the quarter ended March 31, 2024. The company’s revenue was $1,195 million, compared to $989 million in the prior year, an increase of 21% year-over-year. The net loss was $305 million, compared to $329 million in the prior year. “The value we provide our community and advertising partners has translated into improved financial performance,”... Read More

Earnings reports

European photo buying group Ringfoto has a record year in 2023

March 24, 2024March 29, 2024 GaryPageau Foto Contact, Ringfoto

European imaging news site Foto-Contact reports the largest European buying group Ringfoto GmbH & Co. KG also sold more cameras, video products, lenses, video accessories, drones, and photo books in 2023, achieving record results, based on the group’s announcement at the start of this year’s roadshow. While the average price of cameras, according to GfK, rose again by almost 10... Read More

Earnings reports

Smartphoto releases final results for 2023

March 23, 2024March 29, 2024 GaryPageau smartphoto

Smartphoto Group, the Wetteren, Belgium e-commerce company, realized an increase in revenue to 77.3 million euro in 2023. This increase of 1.4% (or 1.0 million euro) was achieved in a year that was characterized by very difficult economic conditions, due to, among other things, the continuation of the war in Ukraine, the return of the war in the Middle East,... Read More

Earnings reports News

CEWE is planning further turnover and earnings growth in 2024

March 22, 2024March 29, 2024 GaryPageau CeWe

CEWE Stiftung & Co. KGaA presented the results for 2023 and the outlook for 2024 at the Annual Press and Analysts’ Conference. The company closed the 2023 financial year with a significant increase in turnover and earnings: Group turnover, including futalis, which was sold in December 2023, increased by +6.5%, rising by €47.8 million to 788.8 million euros (2022: €741.0 million),... Read More

Earnings reports News

Claranova reports first half sales exceed €300 million

March 21, 2024March 29, 2024 GaryPageau Claranova, PlanetArt

PlanetArt parent Claranova reports half-year sales exceeded €300 million, with a normalized operating profit up 67% at constant rates to €27.5 million for an operating margin of 9.1%, with a net result of €2.2 million “The results for this first half of 2023-2024 demonstrate the tremendous work carried out by the teams for almost two years and the vigor of... Read More

Earnings reports News

Adobe reports record revenue in Q1 Fiscal 2024

March 14, 2024March 20, 2024 GaryPageau Adobe

Adobe reported financial results for its first quarter fiscal year 2024 ended March 1, 2024. “Adobe drove record Q1 revenue demonstrating strong momentum across Creative Cloud, Document Cloud and Experience Cloud,” said Shantanu Narayen, chair and CEO, Adobe. “We’ve done an incredible job harnessing the power of generative AI to deliver groundbreaking innovation across our product portfolio.” “Adobe’s Q1 results... Read More

Earnings reports

Kodak reports improved profits for 2023, commits to film production

March 14, 2024March 20, 2024 GaryPageau

Eastman Kodak Co. reported financial results for the fourth quarter and full year 2023, as well committing to be the “last manufacturer standing” for photographic film. The company showed lower revenue but improved profits. Fourth-quarter 2023 highlights include: Consolidated revenues of $275 million, compared with $305 million for Q4 2022, a decrease of $30 million or 10 percent (decreased by... Read More

Earnings reports

Perfect Corp. subscription revenues boost sales

February 29, 2024March 4, 2024 GaryPageau Perfect Corp.

AI/AR imaging software companies Perfect Corp. announced its unaudited financial results for the three months ended Dec. 31, 2023 and the full year ended Dec. 31, 2023. Total revenues were $14.1 million for the three months ended Dec. 31, 2023, compared to $11.1 million in the same period of 2022, an increase of 27.6%. Full year revenue was $53.5 million... Read More

Earnings reports

Cimpress reports higher-than expected second-quarter results

February 16, 2024February 22, 2024 GaryPageau Cimpress, Vista, Vistaprint

Vista parent Cimpress reported improved second-quarter results, including consolidated revenue growth of 9% on a reported basis and 6% on an organic constant-currency basis. The company’s cost-reduction plans will bring in approximately $25 million of year-over-year savings remaining that will benefit our fiscal third quarter. By segment Vista Q2 revenue grew 11% year over year on a reported basis and 9%... Read More