Category: Earnings reports – Page 4 – The Dead Pixels Society

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

Earnings reports News

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

Earnings reports News

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

Earnings reports News

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

Earnings reports

GoPro first-quarter revenue of $175 better than expected

May 10, 2023May 24, 2023 GaryPageau

GoPro Inc. announced financial results for its first quarter ended March 31, 2023. The company’s revenue was $175 million, down 19% year-over-year, but 6% higher than the midpoint of prior Q1 guidance. GAAP net loss was $30 million down from net income of $6 million in the prior year period. Non-GAAP net loss was $29 million. On the positive side, GoPro subscriber count ended Q1 at... Read More

Earnings reports

Kodak’s first-quarter revenues drop 4% but profit improves

May 10, 2023May 24, 2023 GaryPageau

Eastman Kodak Co. reported first-quarter consolidated revenues of $278 million, compared with $290 million for Q1 2022, a decrease of $12 million or 4 percent (decreased by $2 million on a constant currency basis, or 1 percent). Kodak reported a net income of $33 million, compared with a net loss of $3 million for Q1 2022, an increase of $36... Read More

Earnings reports

Canon reports first-quarter revenue of $426.6 million

April 26, 2023April 30, 2023 GaryPageau

Canon Inc. on Wednesday reported first-quarter earnings of $426.6 million on revenue of $7.34 billion in the period. According to the earnings release: “In the Imaging Business Unit, as for the interchangeable-lens digital cameras, the number of unit sales decreased due to the shifting of demand to mirrorless cameras. However, the EOS R6 Mark II full-frame mirrorless camera, which was released... Read More

Earnings reports

Xerox reports first-quarter revenue up 2.8 percent

April 25, 2023April 30, 2023 GaryPageau

Xerox Corp. reported first-quarter revenue of $1.72 billion, up 2.8 percent year-over-year or up 5.5 percent in constant currency. The company’s GAAP earnings per share (EPS) was $0.43, up $0.81 year-over-year. “Demand for our print equipment and related services remains resilient despite continued economic uncertainty, as evidenced by another quarter of growth in both equipment revenue and constant currency post-sale revenue,... Read More

Earnings reports

Bloomberg: Shutterfly bonds fall on delay of annual report

April 20, 2023April 21, 2023 GaryPageau Apollo Global Management, Bloomberg, Bloomberg Law, Shutterfly

Bloomberg Law reports Apollo Global Management-backed Shutterfly LLC’s bonds fell Tuesday, April 18, after the photo products retailer informed investors it will delay the release of its annual results for 2022, according to people with knowledge of the matter. According to the report from Bloomberg’s Reshmi Basu and Erin Hudson, Shutterfly advised debt holders it amended its credit documents to... Read More

Earnings reports

Pomvom inks deal with Tokyo Harry Potter theme park

April 3, 2023April 7, 2023 GaryPageau

Ctech reports Israel-based theme-park imaging company Pomvom Ltd. entered into an agreement with Warner Bros to provide its services at The Making of Harry Potter park that Warner is building in Tokyo and which is expected to open this June. The company will also continue to provide services at two other Warner parks, Warner Bros Studio Tour in Los Angeles... Read More

Earnings reports

Claranova expects profitability to improve this year

April 2, 2023April 6, 2023 GaryPageau Claranova, PlanetArt

PlanetArt parent Claranova reported revenue for the first half of the fiscal year (July 2022-December 2022) of €315 million, up 12% at actual exchange rates. This performance was driven by double-digit growth in all business segments. But Claranova reported a net loss of for the first half of €4.5 million “Our Group succeeded in returning to growth in H1 2022-2023... Read More