2021 Was Leica’s Best Financial Year Ever
Leica has announced that 2021/22 was its best financial year in its more than 100-year history. It increased revenue by 16% to 450 million euros.
As Adobe’s Earnings Soar, It Plans to Invest Further in A.I. Editing
Adobe's fourth-quarter earnings for 2020 blew past expectations and show dramatic year over year growth. Despite the camera industry suffering in 2020, Adobe brought in $3.42 billion in Q4 alone.
Nikon Releases Brutal Financial Report, Lays Off 700 in Southeast Asia
After delaying the report—and publishing a revised financial forecast earlier this month—Nikon has finally released its Fiscal Year 2020 financial results. At the same time, the company reportedly cut 10% of its workforce in Thailand and Laos, laying off 700 people.
Nikon Warns of ‘Extraordinary Losses’ Due to COVID-19
Nikon Corp. published two financial statements today. The first was a warning to investors—a "recognition of extraordinary losses" caused by the COVID-19 pandemic. The second was a revised FY2020 financial forecast that discloses the expected impact on profit and revenue for the fiscal year that ended March 31st.
Adobe Announces Record Revenue of $11.17 Billion in 2019
Adobe has released its Q4 financial results for the 2019 fiscal year, revealing that it has surpassed $11 billion in annual revenue for the first time in the company's history, and posting an incredible 24% growth year-over-year.