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Kornit Digital announces CFO transition and New $100 Million Share Repurchase Program Earnings reports News People on the Move 

Kornit Digital announces CFO transition and New $100 Million Share Repurchase Program

GaryPageau
Kornit Digital Ltd., a worldwide market leader in sustainable, announced a CFO transition and a new $100 million share repurchase authorization. Kornit announced the planned transition of its CFO, as Lauri Hanover has decided, for personal reasons, to step down from her position. Hanover will remain the Company’s CFO through mid-December 2025 to ensure a smooth and effective transition. “On... Read More
Moonpig Group reports half-year revenue up 6.7% Earnings reports 

Moonpig Group reports half-year revenue up 6.7%

GaryPageau
U.K. personalized product company Moonpig Group plc announced six-month revenue was up 6.7%, with the Moonpig brand growing at 9.4% and Greetz returning to growth at 1.3% in constant currency and 3.0% on a reported basis. The “Experiences revenue” decreased by 8.9% year-on-year in H1 FY26. Recent trading has been encouraging, with improved performance in the second half to date,... Read More
Kornit Digital reports third-quarter revenue up 5% Earnings reports News 

Kornit Digital reports third-quarter revenue up 5%

GaryPageau
Kornit Digital Ltd. announced financial results for the third quarter ended Sept. 30, 2025. The results reflect Kornit’s consistent execution of its strategy to accelerate digital adoption in mass apparel production, expand recurring revenues under the All-Inclusive Click (AIC) model, and strengthen its leadership in replacing traditional screen printing with agile, on-demand digital solutions. “This quarter, we delivered results above... Read More
Best Buy reports comparable sales decline 2.7% Earnings reports News 

Best Buy reports comparable sales decline 2.7%

GaryPageau
Best Buy Co., Inc. announced results for the 13-week third quarter ended Nov. 1, 2025, as compared to the 13-week third quarter last year. “We are pleased to report better-than-expected sales and adjusted operating income rate for the third quarter,” said Corie Barry, Best Buy CEO. “Our comparable sales grew 2.7% as we continued to drive strong results across computing,... Read More
CEWE confirms its 2025 annual targets with strong Q3 turnover Earnings reports News 

CEWE confirms its 2025 annual targets with strong Q3 turnover

GaryPageau
CEWE Stiftung Co. KGaA continues to grow its turnover in the third quarter and reaches a new high: Q3 group turnover grew by +6.1% to EUR 174.4 million (Q3 2024: EUR 164.3 million), while group EBIT reached an expected, seasonally typical Q3 level of EUR -0.4 million (Q3 2024: EUR -0.1 million). In the third quarter, CEWE invested the additional contribution margins... Read More
Without PlanetArt, Claranova first quarter revenue is €24 million Earnings reports News 

Without PlanetArt, Claranova first quarter revenue is €24 million

GaryPageau ,
After divesting its PlanetArt personalized products business, Claranova reports first-quarter revenue of €24 million, net profit improvements, and a reduction in debt of €100 million. “We have just completed a year of strategic and structural transformation for our group,” said Eric Gareau, Chief Executive Officer of Claranova. “The sale of our personalized objects e-commerce business allows us to now focus exclusively on... Read More
Xerox releases third-quarter results, pro forma revenue down nearly 8 percent Earnings reports News 

Xerox releases third-quarter results, pro forma revenue down nearly 8 percent

GaryPageau
Xerox Corp. reported revenue of $1.96 billion, up 28.3 percent, or 27.0 percent in constant currency. On a pro forma basis, revenue down 7.8 percent. The company had a  GAAP net (loss) of $(760) million, or $(6.01) per share, narrowing the loss by $445 million or $3.70 per share, year-over-year, respectively. Xerox reported an adjusted net income of $27 million,... Read More
Snap announces third-quarter results, partnership with Perplexity AI Earnings reports News 

Snap announces third-quarter results, partnership with Perplexity AI

GaryPageau
Snap Inc. announced financial results for the quarter ended Sept. 30, 2025. The company reported revenue was $1,507 million, compared to $1,373 million in the prior year, an increase of 10% year-over-year. The net loss was $104 million, compared to $153 million in the prior year. “Our focus on performance, creativity, and simplicity is helping advertisers achieve stronger results while... Read More
Kodak reports third-quarter 2025 financial results Earnings reports News 

Kodak reports third-quarter 2025 financial results

GaryPageau
Eastman Kodak Co. reported third quarter 2025 consolidated revenues of $269 million, compared with $261 million for Q3 2024, an increase of $8 million or 3 percent. Advanced Materials & Chemicals (AM&C) revenues, which include film, were $82 million, compared with $71 million for Q3 2024, an increase of $11 million or 15 percent. Print revenues were $177 million, compared... Read More
Apple announces fourth-quarter sales up 8 percent Earnings reports News 

Apple announces fourth-quarter sales up 8 percent

GaryPageau
Apple announced financial results for its fiscal 2025 fourth quarter, which ended Sept. 27, 2025. The company posted quarterly revenue of $102.5 billion, up 8 percent year over year. Diluted earnings per share was $1.85, up 13 percent year over year on an adjusted basis. “Today, Apple is very proud to report a September quarter revenue record of $102.5 billion,... Read More
Profoto third-quarter sales down 27.5 percent Earnings reports 

Profoto third-quarter sales down 27.5 percent

GaryPageau
Profoto Holdings Ltd. announced its third-quarter results in accordance with preliminary figures published on Oct. 14, 2025. Net sales in the third quarter totaled SEK 119 million, compared to SEK 164 million last year, representing a decrease of 27.5 percent. Organic growth totaled -22.6 percent, and the currency effect, -4.9 percent. The loss for the period was  SEK -48 million,... Read More
Profoto releases preliminary third-quarter results: sales down on weak demand Earnings reports News 

Profoto releases preliminary third-quarter results: sales down on weak demand

GaryPageau ,
Profoto Holdings presented preliminary figures for the third quarter of 2025. Demand remains weak in the company’s largest markets, which has had a negative impact on sales. As previously communicated, the company has taken clear measures to adapt costs to the current market situation. Despite the weaker development during the quarter, the company continues to invest in the next technology... Read More
Best Buy reports second-quarter sales up 1.6% Earnings reports 

Best Buy reports second-quarter sales up 1.6%

GaryPageau
Best Buy Co., Inc. announced results for the 13-week second quarter ended Aug. 2, 2025, as compared to the 13-week second quarter ended Aug. 3, 2024. Comparable sales were up 1.6%. Q2 FY26 Q2 FY25 Revenue ($ in millions) Enterprise $9,438 $9,288 Domestic segment $8,698 $8,623 International segment $740 $665 Enterprise comparable sales % change1 1.6% (2.3)% Domestic comparable sales %... Read More
Kornit reports second-quarter revenue of $49.8 million, $7.5 million loss Earnings reports 

Kornit reports second-quarter revenue of $49.8 million, $7.5 million loss

GaryPageau
On-demand textile production equipment maker Kornit Digital Ltd. announced second-quarter revenue was $49.8 million compared with $48.6 million in the prior year period. GAAP gross profit margin for the second quarter of 2025 was 41.7% compared with 45.8% in the prior year period. On a non-GAAP basis, gross profit margin was 46.3% compared with 48.6% in the prior year period.... Read More
Eastman Kodak announces level sales, admits to concerns over long-term viability Earnings reports News Opinion 

Eastman Kodak announces level sales, admits to concerns over long-term viability

GaryPageau 2 Comments
Eastman Kodak Co. was back in the news last week, as mainstream financial news organizations and distraught tech bloggers glommed onto a few sentences in the company’s earnings report (see below) that stated the company doesn’t have “committed financing or available liquidity” to pay its roughly $500 million in upcoming debt obligations. “These conditions raise substantial doubt about the company’s... Read More