Cimpress reports mixed fourth quarter

GaryPageau ,

Cimpress plc, parent company of Vistaprint,  reported mixed fourth-quarter fiscal 2021 results, with an adjusted loss of 45 cents per share, which was improved from last years’ loss of $1.62 cents per share. In fiscal 2021, the company’s adjusted loss was $2.99 per share against adjusted earnings of $3.00 in fiscal 2020.

Fiscal fourth-quarter revenues were a better-than-expected $641 million compared with $429.1 million last year. For the full year, revenues improved from $2.592 billion compared with $2.481 billion in the prior year.

Vistaprint, the conglomerates largest revenue generating segment, reported revenues of $351.7 million, up from $244.5 million in the year-ago quarter. The Upload and Print segment’s revenues increased to $178.6 million from $118.9 million in the year-ago quarter. The segment’s two subgroups — PrintBrothers and The Print Group – reported, respectively, $105.9 million and $72.9 million in the quarter.

 

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.