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

Eastman Kodak reports lower sales but improved net income

August 9, 2023August 10, 2023 GaryPageau

Eastman Kodak Co. reported second-quarter sales were down to $295 million, compared with $32 million for Q2 2022, a decrease of $26 million or 8 percent. Gross profit was $63 million, compared to $51 million for Q2 2022, an increase of $12 million or 24 percent. GAAP net income was $35 million, compared with $20 million for Q2 2022, an... Read More

Earnings reports News

GoPro reports $241 million second-quarter revenue, subscriptions up

August 5, 2023August 10, 2023 GaryPageau GoPro

GoPro, Inc. announced financial results for its second quarter ended June 30, 2023. For the quarter, revenue was $241 million, which was 10% above guidance and but down 4% year-over-year. GoPro subscriber count ended the quarter at approximately 2.44 million, up 27% year-over-year. Revenue from the retail channel was $165 million, up 6% year-over-year. GoPro.com revenue, including subscription and service revenue, was... Read More

Earnings reports

Claranova annual sales up 7% to all time high

August 2, 2023August 2, 2023 GaryPageau Claranova, PlanetArt

PlanetArt parent Claranova surpassed the half-a-billion euro milestone for the first in the fiscal year 2022-2023. Total revenues were €507 million, lead by the Avanquest division. “Claranova’s revenue reached an all-time high in FY 2022-2023, surpassing the €500 million milestone for the first time with 7% year-on-year growth to €507 million, said Pierre Cesarini, Chairman-CEO of Claranova. “All our subsidiaries... Read More

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Shutterstock reports big net income increase

August 1, 2023August 2, 2023 GaryPageau Shutterstock

Shutterstock, Inc. announced financial results for the second quarter ended June 30, 2023. Second-quarter revenue was basically flat at $208.8 million, but net income 157% to $50.0 million. “I’m pleased to report that, as reflected in our second quarter results and our revised full-year outlook, Shutterstock is not only adapting but that it is thriving in this dynamic environment.” said Paul... Read More

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Cimpress reports fourth-quarter revenue up 9%

July 26, 2023July 31, 2023 GaryPageau

Vistaprint parent Cimpress closed 2023 with a strong fourth quarter, in which consolidated revenue grew 9% on both reported and organic constant-currency bases, the company said. Full-year revenue grew 7% on a reported basis and 11% on an organic constant currency basis. As discussed further below, operating income and adjusted EBITDA grew significantly compared to the same quarter last year.... Read More

Earnings reports News

Xerox reports level second-quarter earnings

July 26, 2023August 3, 2023 GaryPageau

Xerox Holdings Corp. reports 2023 second-quarter revenue was essentially level with the same period last year, but GAAP (loss) earnings per share (EPS) of $(0.41), down $0.36 year-over-year. “Over the last 12 months, Xerox has taken significant steps to strengthen its operating and financial discipline, leading to another quarter of profitable growth amid a dynamic macroeconomic backdrop,” said Steve Bandrowczak,... Read More

Earnings reports

Perfect Corp. reports revenue up 12 percent

July 25, 2023July 29, 2023 GaryPageau Perfect Corp.

AI/AR imaging software company Perfect Corp. announced its unaudited financial results for the three months ended June 30, 2023. Total revenues grew to $12.7 million, up 11.9% year over year, primarily due to strong growth momentum in AR/AI cloud solutions and subscription revenues. The gross profit was $10.2 million, compared to $9.7 million in the same period of 2022, and the... Read More

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Snap lessens second-quarter net loss on flat revenues

July 25, 2023July 29, 2023 GaryPageau Snap

Snap Inc. announced financial results for the quarter ended June 30, 2023. The company had revenue of $1,068 million, compared to $1,111 million in the prior year and a net loss was $377 million, compared to $422 million in the prior year. “We are excited by the progress we have made delivering increased return on investment for our advertising partners,... Read More

Earnings reports

Profoto’s second-quarter sales drop slightly

July 21, 2023July 21, 2023 GaryPageau Profoto

Swedish lighting company Profoto announced second-quarter net sales totaled SEK 182 million, a drop of 2.4 percent from EK 187b million last year. Organic growth totaled -8.5 percent, and the currency effect was 6.0 percent. Profit was essentially level at SEK 36 million. For six month, next sales were up 7.3 percent to SEK 411 million, compared to SEK 383... Read More

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ME Group report six-month results

July 19, 2023July 28, 2023 GaryPageau ME Group, Photo-Me

ME Group International plc announced interim results for the six months ended April 30, 2023, including strong performance across all business areas, underpinned by consumer demand and diversification of services. Revenue was up 24.7% and profit before tax up 36.7%, driven by progress across all of the key business areas – photobooth, laundry and digital printing services – and in all of... Read More

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Moonpig Group reports 5% growth for FY23

July 9, 2023July 15, 2023 GaryPageau Moonpig Group

U.K. greeting card company Moonpig Group plc reported revenue growth of 5.2% year-on-year to £320.1 million.Adjusted EBITDA growth to £84.2 million, compared to £74.9 million last year with adjusted EBITDA margin increased to 26.3%. The company said the year had many milestones: Moonpig grew its technology team to 250 from 195 roles and transitioned from re-platforming to a focus... Read More

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Ennis gains in first-quarter from School Photo Marketing

June 20, 2023June 22, 2023 GaryPageau Ennis, School Photo Marketing

Ennis, Inc. reported financial results for the first quarter ended May 31, 2023. Highlights include revenues of $111.3 million for the quarter compared to $107.7 million for the same quarter last year, an increase of $3.6 million or 3.3%. The increase includes revenue contributions of approximately $4.1 million from School Photo Marketing, an acquisition completed on Nov. 30, 2022, and... Read More

Earnings reports

Timpson’s retail photo businesses returning to normal

June 15, 2023June 22, 2023 GaryPageau

The business also achieved a turnover of £297.4m, up from £212.2m over the same period.”Our photo business, Max Spielmann and Snappy Snaps, have also seen the benefits of life returning to normal,” the company said in a statement. “The weddings, parties, and holidays have produced many more pictures to print and the return of overseas travel has led to record... Read More

Earnings reports News

Best Buy sees first-quarter revenue decline

June 1, 2023June 5, 2023 GaryPageau Best Buy

Best Buy Co., Inc. announced lower first-quarter revenues. Domestic revenue of $8.80 billion decreased 11.0% versus last year primarily driven by a comparable sales decline of 10.4%. International revenue of $666 million decreased by 11.6% versus last year. Q1 FY24 Q1 FY23 Revenue ($ in millions) Enterprise $9,467 $10,647 Domestic segment $8,801 $9,894 International segment $666 $753 Enterprise comparable sales... Read More

Earnings reports News

CEWE starts 2023 with strong sales increase of 13.5%

May 11, 2023May 23, 2023 GaryPageau

CEWE Stiftung & Co. KGaA reported first-quarter group turnover increased significantly by +13.5% to 157.7 million euros in the first quarter of 2023, recording the highest figure in the company’s history for the first quarter. The first quarter last year was 138.9 million euros. All business segments contributed positively to this. At the same time, Group EBIT improved by 3.0... Read More