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ME Group upgrades outlook Earnings reports 

ME Group upgrades outlook

GaryPageau ,
U.K. instant-services company ME Group International plc (formerly known Photo-Me International) reports continued positive trading momentum and has upgraded its FY22 outlook.  The company said the group’s first-half performance was ahead of expectations, with a strong recovery seen across Continental Europe. This positive trading momentum continued throughout the second half, with stronger consumer demand for all the group’s services. Trading... Read More
Nikon reports second-quarter net profit of ¥7 billion Earnings reports 

Nikon reports second-quarter net profit of ¥7 billion

GaryPageau
Nikon Corp. reported a net profit of ¥7 billion for the second quarter ending Sept. 30, 2022, a decline from the year-ago profit of ¥10.6 billion. For the second quarter, revenues rose 1.4% year over year to ¥142.7 billion.   Imaging Products, which is 37.4% of Nikon’s total revenues, had revenues rose 36% year-over-year to ¥53.3 billion in the reported... Read More
Fujifilm Holdings reports second-quarter net income of ¥53.8 billion Earnings reports 

Fujifilm Holdings reports second-quarter net income of ¥53.8 billion

GaryPageau
FUJIFILM Holdings Corporation reported a net income of ¥53.8 billion in the second quarter ending Sept. 30, 2022, compared with ¥39 billion in the year-ago quarter. Revenues of ¥724 billion increased 16.3% year over year, with the gains driven by growth in Medical Systems, Electronic Materials, and Imaging business segments. Segment Details For the second quarter (ended Sep 30, 2022),... Read More
Profoto reports third-quarter sales up 24 percent Earnings reports News 

Profoto reports third-quarter sales up 24 percent

GaryPageau
Profoto Holding AB reported third-quarter sales of SEK 235 million, representing growth of 24 percent compared to the corresponding quarter last year. Organic sales growth totaled 6.5 percent for the quarter and 5.1 percent for the year, the company said, adding the component delivery issues reported for the second quarter have been resolved. Year-to-date sales are SEK 618 million, an... Read More
Xerox reports improved revenues but earnings still challenged Earnings reports News 

Xerox reports improved revenues but earnings still challenged

GaryPageau
Xerox Corp. reports third-quarter revenue was down 0.4 percent year-over-year to $1.75 billion and GAAP (loss) earnings per share (EPS) of $(2.48), down $2.96 year-over-year. “Over the past few months, I’ve met in-person with customers, partners and employees across the globe and I’ve gained greater insight into the range of opportunities we have to grow our business,” said Steve Bandrowczak, chief executive... Read More
Bloomberg reports insiders claim Shutterfly lost $45-$55 million in 3Q Earnings reports News 

Bloomberg reports insiders claim Shutterfly lost $45-$55 million in 3Q

GaryPageau , ,
Bloomberg reports leading photo products retailer Shutterfly LLC released preliminary third-quarter earnings reflecting steeper losses than last year, according to people with knowledge of the private results in the article. The Apollo Global Management-backed company booked a preliminary loss of $45 million to $55 million before interest, taxes, depreciation, and amortization, said the source, who asked not to be identified because... Read More
Moonpig expects to return to pre-COVID results soon Earnings reports News 

Moonpig expects to return to pre-COVID results soon

GaryPageau ,
UK-based online greeting card retailer Moonpig Group plc held its Annual General Meeting (AGM) Sept. 21 and provided an update on its performance for the current financial year. The company said overall trading performance is in line with expectations. The company said, “in the current economic environment, we have prioritized greeting card sales, which have a demonstrable track record of... Read More
Urbanimmersive announces 2022 third quarter financial results Earnings reports 

Urbanimmersive announces 2022 third quarter financial results

GaryPageau
Urbanimmersive Inc. announced financial results and presents business highlights for its third quarter ended June 30, 2022.  For its third quarter ended on June 30, 2022, the company’s revenues totaled $2,850,000 compared to $1,102,000 for third-quarter 2021, an increase of $1,748,000 or 159%. The company’s net loss widened to $285,000 in the quarter, compared to $249,000 last year. For the... Read More
Smartphoto Group reports improved six-month sales and profit Earnings reports 

Smartphoto Group reports improved six-month sales and profit

GaryPageau
Wetteren, Belgium-based Smartphoto Group reported revenues for the first six months of 2022 increased 39.1% from €21,060,000 to €29,304,000. The growth was driven by internal growth and the integration of gifting platform naYan. The company said profitability increased strongly compared to a year earlier due to a better product mix and price adjustments, notwithstanding higher production, transport, and material costs.... Read More
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