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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
NRF: Strong consumer fundamentals counter inflation, interest rates in holiday forecast Market research News 

NRF: Strong consumer fundamentals counter inflation, interest rates in holiday forecast

GaryPageau
The National Retail Federation INRF)  balanced high inflation and rising interest rates against strong consumer fundamentals as it developed its 2022 holiday spending forecast, said Jack Kleinhenz, NRF Chief Economist. “There are many factors impacting our holiday forecast, but business conditions are generally positive as consumer fundamentals continue to support economic activity,” Kleinhenz said. “Despite record levels of inflation, rising... Read More
Nikon unveils Nikkor Z 600mm lens, remote grip accessory News 

Nikon unveils Nikkor Z 600mm lens, remote grip accessory

GaryPageau
Nikon Inc. announced the NIKKOR Z 600mm f/4 TC VR S, the latest in an unrivaled collection of high-performance super-telephoto lenses for professionals. The 600mm f/4 TC VR S offers a combination of versatility and performance, boasting the latest optical technology and anti-reflective coatings for the ultimate in image quality, plus the added benefit of a built-in 1.4x teleconverter for... Read More
Cimpress first-quarter shows slight growth News 

Cimpress first-quarter shows slight growth

GaryPageau
Cimpress plc reported first-quarter fiscal 2023 sales were 7% to $703.4 million, compared to $657.6 million for the same quarter last year. The organic constant-currency revenue growth was 14%, driven by growth across all businesses and markets through increased pricing and customer demand, the company said. Top-Line Details Segment Information The National Pen segment generated revenues of $81.7 million, up... Read More
4 common misconceptions about outsourcing image editing services News Tips and tricks 

4 common misconceptions about outsourcing image editing services

GaryPageau
The digital world is extremely competitive, and the only way for businesses to target prospective clients is to remain ahead of the competition. Good-quality photographs are essential for any internet business, whether you are in real estate, eCommerce, or simply a professional photographer. Top-quality images, however, necessitate more than simply expertise and decent equipment. To differentiate yourself from the competition,... Read More
PHOTOPIA Hamburg is a success Events News 

PHOTOPIA Hamburg is a success

GaryPageau ,
The second edition of PHOTOPIA, the Hamburg-based photography event/festival which took place Oct. 13-16, drew nearly 10,000 visitors. “What we have seen and heard, and the inspiration, product-based entertainment and information we experienced in a programme comprising roughly 500 individual features is hard to beat,” said Bernd Aufderheide, president and CEO of Hamburg Messe und Congress. “The exhibiting companies were... Read More
IDC: Smartphone market suffers fifth consecutive decline in global shipments in Q3 Market research News 

IDC: Smartphone market suffers fifth consecutive decline in global shipments in Q3

GaryPageau , ,
Worldwide smartphone shipments declined 9.7% year over year to 301.9 million units in the third quarter of 2022 (3Q22), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The drop marks the largest-ever third-quarter decline and the fifth consecutive quarter of decline for the smartphone market as shipments continue to struggle amidst weakened global demand... Read More
PRINTING United Expo returns with big audience Events News 

PRINTING United Expo returns with big audience

GaryPageau
After years of COVID-related delay, PRINTING United Expo opened its doors last week to gather attendees and exhibitors from around the world for the first time under one roof since 2019. Held Oct. 19-21 at the Las Vegas Convention Center, the global event drew registrants from 121 countries, and was deemed an overwhelming success by attendees, exhibitors, sponsors, and partners.... 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
Hasselblad award winner Dayanita Singh was honored News 

Hasselblad award winner Dayanita Singh was honored

GaryPageau
2022 Hasselblad Award winner, New Delhi-born photographer, and bookmaker Dayanita Singh, was honored Oct. 14 at the Swedish Exhibition & Congress Centre and Gothia Towers in Gothenburg, Sweden. Considered the Nobel Prize in photography, this year’s prize included the sum of SEK 2,000,000, a gold medal, and a diploma. In partnership with the Hasselblad Foundation, the Hasselblad company presented Singh... 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
HP announces high-volume inkjet web press News 

HP announces high-volume inkjet web press

GaryPageau , ,
HP Inc. announced the newest high-volume production inkjet web press, the HP PageWide Web Press T485 HD with HP Brilliant Ink. This PageWide Web Press is designed to deliver on a wide range of applications including commercial, direct mail, publishing, and transactional, providing print service providers (PSPs) the versatility to meet the needs of their customers on uncoated and coated... Read More