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Kornit Digital reports second quarter 2022 results Earnings reports 

Kornit Digital reports second quarter 2022 results

GaryPageau
Israel-based on-demand textile printer maker Kornit Digital Ltd. reported results for the second quarter ending June 30, 2022. Second quarter revenues of $58.1 million, net of non-cash warrants impact of $4.5 million, in line with preliminary results issued July 5, 2022 Second quarter GAAP operating loss of $24.9 million; Non-GAAP operating loss of $18.3 million, net of $4.5 million attributed... Read More
Fujifilm first quarter revenues up but earnings drop Earnings reports 

Fujifilm first quarter revenues up but earnings drop

GaryPageau
FUJIFILM Holdings Corp. reported a net income of ¥41.4 billion in the first quarter ended June 30, 2022, compared with ¥57.3 billion in the same quarter last year. Revenues of ¥625.9 billion increased 7.4% year over year. The Imaging Solutions segment’s revenues were ¥82.5 billion, up 13.6% from the year-ago quarter’s levels. Consumer Imaging and Professional Imaging revenues rose 20.4% and... Read More
Shutterstock reports second-quarter 2022 financial results Earnings reports News 

Shutterstock reports second-quarter 2022 financial results

GaryPageau
Shutterstock, Inc. announced second-quarter revenue for the ended June 30, 2022, increased 9% to $206.9 million (on a constant currency basis, revenue increased 13%). Income from operations dropped 24% to $25.4 million and net income decreased 34% to $19.4 million.  “With the acquisitions of Pond5 and Splash News and the release of our Creative Flow suite of workflow applications and... Read More
Snap announces second quarter net loss widens Earnings reports 

Snap announces second quarter net loss widens

GaryPageau
Snap Inc. today announced financial results for the quarter ended June 30, 2022. The company reported revenue increased 13% year-over-year to $1.111 billion and operating cash flow was $(124) million and free cash flow was $(147) million. The net loss was $422 million, compared to $152 million in the prior year. “While the continued growth of our community increases the long-term... Read More
Profoto shows improved results, impacts of component shortages Earnings reports News 

Profoto shows improved results, impacts of component shortages

GaryPageau
Swedish lighting company Profoto Holding AB reports net sales for the second quarter ending June 2022i, totaled SEK 187 million, compared to SEK 172 million last year, an increase of 8.6 percent. But organic growth, adjusted for currency effects, was -12.7 percent. For the first six months of the year, Profoto registered net sales totaled SEK 383 million, compared to... Read More
Photo-Me announces six-month results Earnings reports News 

Photo-Me announces six-month results

GaryPageau
Photo-Me International plc, the instant-service equipment group, announces its results for the six months ended 30 April 2022. Revenue was up 21.9% to £115.3 million (H1 2021: £94.6 million), resulting mostly from the continued easing of Covid-19-related restrictions across the group’s key operating markets and the subsequent positive impact of increased demand for passports and other official documentation, the company... Read More
Moonpig Group reports 2022 revenue of £304.3 million Earnings reports News 

Moonpig Group reports 2022 revenue of £304.3 million

GaryPageau
Moonpig Group plc reported group revenue for the year ended April 2022 declined to £304.3 million, compared to £368.2 million for the same period last year. The company reported revenue growth of 75.8% on a two-year basis, reflecting significant growth in customer base, higher customer purchase frequency, and a further increase in attached gifting. But revenue was down 17.3% year-on-year,... Read More
Photo-Me International revising projections upward Earnings reports 

Photo-Me International revising projections upward

GaryPageau
Photo-Me International plc, the instant-service equipment group, is revising upwards its fiscal performance projections for the years. The company believes the group’s performance for the year ending Oct. 31, 2022, will show revenue up at least +20% over FY 2021 and adjusted PBT in the range of £47 million to £50 million, assuming Covid-19 or other social restrictions are not... Read More
Urbanimmersive reports second-quarter revenue doubles Earnings reports News 

Urbanimmersive reports second-quarter revenue doubles

GaryPageau
Quebec-based real-estate imaging company Urbanimmersive Inc. announced select financial results and presents business highlights for its second quarter ended March 31, 2022.  For its second quarter of 2022, the company generated total revenues of $2.182 million compared to $982,000 for same period last year, an increase of $1.2 million. For the quarter, the company sold 3,806 immersive 3D tours compared... Read More
FUJIFILM’s fourth-quarter earnings down, but revenue is up Earnings reports News 

FUJIFILM’s fourth-quarter earnings down, but revenue is up

GaryPageau
FUJIFILM Holdings Corp. reported a net income of ¥54.1 billion in the fourth quarter ended Mar 31, 2022, compared with ¥54.7 billion in the year-ago quarter. Revenues of ¥664.9 billion increased 7.4% year over year. For the year (April, 2021 to March, 2022) the company reported revenues of ¥2525.8 billion, up 15.2% year over year. Net income stood at ¥211.2... Read More
Kodak improves first-quarter revenues, but shows net loss Earnings reports News 

Kodak improves first-quarter revenues, but shows net loss

GaryPageau
Eastman Kodak Co. reported financial results for the first quarter 2022, including consolidated revenues of $290 million, continued growth in key product areas such as KODAK SONORA Process Free Plates and KODAK PROSPER System annuities, and a GAAP net loss of $3 million, compared to $6 million net income for the same period last year. (Kodak no longer reports results... Read More
PlanetArt parent Claranova reports stable revenue Earnings reports News 

PlanetArt parent Claranova reports stable revenue

GaryPageau
Paris, France-based Claranova reported revenue of €91 million for Q3 2021-2022 (January-March 2022), contracting 5% year-on-year(-14% like-for-like). The company said the trend reflects the continuing effects of tight constraints on marketing investments in PlanetArt’s activities within Apple’s iOS ecosystem, in addition to a tougher comparison base resulting from the division’s 45% growth in last year’s third-quarter. The slower pace of... Read More