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Claranova annual sales up 7% to all time high Earnings reports 

Claranova annual sales up 7% to all time high

GaryPageau ,
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
Shutterstock reports big net income increase Acquisitions Earnings reports News 

Shutterstock reports big net income increase

GaryPageau
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
Cimpress reports fourth-quarter revenue up 9% Earnings reports News 

Cimpress reports fourth-quarter revenue up 9%

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
Xerox reports level second-quarter earnings Earnings reports News 

Xerox reports level second-quarter earnings

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
Perfect Corp. reports revenue up 12 percent Earnings reports 

Perfect Corp. reports revenue up 12 percent

GaryPageau
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
ME Group report six-month results Earnings reports News 

ME Group report six-month results

GaryPageau ,
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
Moonpig Group reports 5% growth for FY23 Earnings reports News 

Moonpig Group reports 5% growth for FY23

GaryPageau
  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
Ennis gains in first-quarter from School Photo Marketing Earnings reports News 

Ennis gains in first-quarter from School Photo Marketing

GaryPageau ,
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
Best Buy sees first-quarter revenue decline Earnings reports News 

Best Buy sees first-quarter revenue decline

GaryPageau
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
CEWE starts 2023 with strong sales increase of 13.5% Earnings reports News 

CEWE starts 2023 with strong sales increase of 13.5%

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
GoPro first-quarter revenue of $175 better than expected Earnings reports 

GoPro first-quarter revenue of $175 better than expected

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