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Snap announces fourth quarter increased 14% Earnings reports 

Snap announces fourth quarter increased 14%

GaryPageau
Snap Inc. announced full-year revenue was $5,361 million in 2024, compared to $4,606 million in the prior year, an increase of 16% year-over-year. Net loss was $698 million in 2024, compared to $1.322 billion in the prior year. Fourth-quarter revenue was $1,557 million, compared to $1,361 million in the prior year, an increase of 14% year-over-year and net income was... Read More
Cimpress reports second-quarter revenue down 2%, will expand in United States Earnings reports 

Cimpress reports second-quarter revenue down 2%, will expand in United States

GaryPageau
VistaPrint parent company Cimpress reported second-quarter revenue increased 2% year-over-year (YoY) on both a reported and organic constant-currency basis, reaching $939 million. Operating income declined $26.7 million YoY to $80.9 million and adjusted EBITDA dropped $34.2 million YoY to $132.3 million. Among the factors affecting performance were: • A shortened holiday buying season and the non-recurrence of a prior year’s $12 million one-time... Read More
Moonpig shows 3.8% growth for six-month period Earnings reports News 

Moonpig shows 3.8% growth for six-month period

GaryPageau ,
U.K. personalized products company Moonpig Group plc reported, for the half year ending Oct. 31, the company saw 3.8% sales growth, driven primarily by the Moonpig brand. “We are pleased to report continued growth in revenue for the Group, driven by double-digit revenue growth at the Moonpig brand,” said Nickyl Raithatha, CEO. “Moonpig performance has been underpinned by robust growth in order... Read More
ME Group shows growth in 2024 fiscal year update Earnings reports News 

ME Group shows growth in 2024 fiscal year update

GaryPageau
ME Group International plc,  the instant-service equipment group, announced a post-year end trading update for the 12 months ended Oct. 31, 2024. Building on the positive trading momentum throughout the first half of 2024, the group reported continued growth and expects to report FY 2024 as a year of record profit and financial performance in line with the board’s expectations. The... Read More
Best Buy reports third-quarter comparable sales declined 2.9% Earnings reports 

Best Buy reports third-quarter comparable sales declined 2.9%

GaryPageau
Best Buy Co., Inc. announced results for the 13-week third quarter ended Nov.r 2, 2024 (“Q3 FY25”), as compared to the 13-week third quarter ended Oct. 28, 2023 (“Q3 FY24”). “In the third quarter, our teams delivered an in-line non-GAAP operating income rate on sales that were a little softer than expected,” said Corie Barry, Best Buy CEO. “During the... Read More
China-Hongkong Photo reports revenue decline but finances are stable Earnings reports 

China-Hongkong Photo reports revenue decline but finances are stable

GaryPageau
China-Hongkong Photo Products Holdings Ltd. reported a 7.5% decline in revenue to HK$536 million and a sharp drop in net profit attributable to shareholders to HK$7.1 million for the six months ending September 2024. Despite the dip, the company’s overall financial health remains robust with cash and bank balances of HK$274 million. The company’s board has decided against declaring an... Read More
Leica Camera announces record-breaking results for fiscal year 2023/24 Earnings reports 

Leica Camera announces record-breaking results for fiscal year 2023/24

GaryPageau
Leica Camera Group, the premium optical products maker, achieved record revenue for the fiscal year 2023/2024, posting an impressive 14% increase to MEUR 554, up from MEUR 485 in the previous year. This marks the best fiscal performance in the company’s nearly 100-year history, reflecting both sustained growth and the successful execution of its strategic objectives. The core product segment,... Read More
CEWE reports increase in nine-month earnings, 2024 targets confirmed Earnings reports News 

CEWE reports increase in nine-month earnings, 2024 targets confirmed

GaryPageau ,
CEWE Stiftung & Co. KGaA enters the all-important Christmas quarter with an increase in turnover and a lead in earnings. The company confirmed its annual targets for 2024: in the first nine months, CEWE increased group turnover by +6.3 % to 481.6 million euros (Q1-3 2023: 453.2 million euros) and at the same time improved group EBIT by +3.2 million... Read More
GoPro third-quarter revenue drops 12% to $259 million Earnings reports 

GoPro third-quarter revenue drops 12% to $259 million

GaryPageau
GoPro, Inc. announced financial results for its third quarter ended Sept.30, 2024. The company had third-quarter revenue of $259 million, down 12% over last year, but subscription and services revenue – spurred by a 2% increase to 2.56 million GoPro subscribers – grew 11% to $27.5 million. “In Q3, revenue of $259 million exceeded the midpoint of our guidance, and... Read More
Kodak reports level third-quarter results, but will be investing more in film production Earnings reports 

Kodak reports level third-quarter results, but will be investing more in film production

GaryPageau ,
Eastman Kodak Co. reported third-quarter financial results, including consolidated revenues of $261 million, compared with $269 million for Q3 2023, a decrease of $8 million or 3 percent. Kodak reported gross profit of $45 million, compared with $50 million for Q3 2023, a decrease of $5 million or 10 percent.  GAAP net income of $18 million, compared with net income... Read More
Strong Imaging Business results bolster Fujifilm’s second-quarter results Earnings reports 

Strong Imaging Business results bolster Fujifilm’s second-quarter results

GaryPageau ,
  FUJIFILM Holdings Corp. reported second-quarter net income attributable to shareholders of 49.6 billion Japanese yen, down 16.2 percent from last year’s 59.1 billion yen, due to an increase in non-operating expenses. Operating income, however, edged up 0.1 percent to 73.4 billion yen from 73.3 billion yen a year ago. Revenue for the quarter grew 5.2 percent to 765.7 billion... Read More
Xerox reports revenue down 7.5 percent in third quarter Earnings reports News 

Xerox reports revenue down 7.5 percent in third quarter

GaryPageau
Xerox Holdings Corp. announced third-quarter revenue of $1.53 billion, down 7.5 percent, or 7.3 percent in constant currency. GAAP net (loss) of $(1.2) billion, or $(9.71) per share, a decrease of $1.3 billion or $9.99 per share, year-over-year, respectively. Xerox also reported adjusted net income of $34 million, down $43 million, year-over-year, respectively. “Q3 results demonstrate no single quarter or... Read More