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Cimpress reports second-quarter revenue down 2%, will expand in United States Earnings reports 

Cimpress reports second-quarter revenue down 2%, will expand in United States

GaryPageau
VistaPrint parent company Cimpress reported second-quarter revenue increased 2% year-over-year (YoY) on both a reported and organic constant-currency basis, reaching $939 million. Operating income declined $26.7 million YoY to $80.9 million and adjusted EBITDA dropped $34.2 million YoY to $132.3 million. Among the factors affecting performance were: • A shortened holiday buying season and the non-recurrence of a prior year’s $12 million one-time... Read More
Cimpress reports higher-than expected second-quarter results Earnings reports 

Cimpress reports higher-than expected second-quarter results

GaryPageau , ,
Vista parent Cimpress reported improved second-quarter results, including consolidated revenue growth of 9% on a reported basis and 6% on an organic constant-currency basis. The company’s cost-reduction plans will bring in approximately $25 million of year-over-year savings remaining that will benefit our fiscal third quarter. By segment Vista Q2 revenue grew 11% year over year on a reported basis and 9%... 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
Cimpress reports mixed fourth quarter Earnings reports 

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... Read More
Cimpress announces lower second-quarter results Earnings reports 

Cimpress announces lower second-quarter results

GaryPageau ,
Vistaprint parent Cimpress plc reported lower second-quarter fiscal 2021 results. Total revenues in the fiscal second quarter were $786.1 million compared with $820.3 million in the year-ago quarter. For six months, revenues were $1.37 billion in 2020, compared to $1.45 billion in 2019. Second-quarter net income was $33,901, compared to $190,649  last year. For six months, net income was $23,823... Read More
Cimpress’ fourth-quarter sales drops to $421 million News 

Cimpress’ fourth-quarter sales drops to $421 million

GaryPageau ,
Vistaprint parent Cimpress plc CMPR reported fourth-quarter fiscal 2020, with total revenues of $429.1 million compared with $675 million in the year-ago quarter. This, however, exceeded the top-line consensus estimate of $421 million. Vistaprint, the company’s largest segment, reported aggregate revenues of $244.5 million, down from $360.4 million in the year-ago quarter. The National Pen segment generated revenues of $33 million, down from... Read More
Vistaprint parent Cimpress revises fourth-quarter projections News 

Vistaprint parent Cimpress revises fourth-quarter projections

GaryPageau ,
Cimpress plc provided an extraordinary update on its financial results about mid-way between Cimpress’ earnings announcements for the quarters ending March and June 2020. As noted in Cimpress’ third fiscal quarter earnings document on May 5, 2020, for the month of April Cimpress’ consolidated bookings declined by half year over year, and all segments’ bookings performance improved in the second... Read More
Vistaprint parent Cimpress takes $300 million investment from Apollo Global Management News 

Vistaprint parent Cimpress takes $300 million investment from Apollo Global Management

GaryPageau , , 1 Comment
Apollo Global Management Inc. is investing $300 million in Cimpress plc, the parent of Vistaprint and other commercial printing entities. The move is part of several actions Cimpress management is taking to counter the impact of the worldwide COVID-19 pandemic. In 2019, Apollo Global – which manages billions of dollars across multiple funds and sectors – purchased Shutterfly and Snapfish.... Read More
Cimpress reports improved bottom line Earnings reports News 

Cimpress reports improved bottom line

GaryPageau , , ,
Cimpress  PLC reported second-quarter results of total revenues of $820.3 million, compared with $825.6 million a year ago.  The National Pen segment generated revenues of about $128 million, down 3.8% while the company’s largest revenue-generating segment, Vistaprint, reported aggregate revenues of $433.3 million, down from $443.9 million. Upload and Print segment’s revenues increased to $214.1 million from $203.8 million in the year-ago... Read More
Cimpress reports improved sales, earnings for fiscal 2019, CEO promises more changes Earnings reports News Opinion 

Cimpress reports improved sales, earnings for fiscal 2019, CEO promises more changes

GaryPageau ,
Cimpress executives characterized the Netherlands-based company’s recently concluded fiscal 2019 as a disappointing and difficult year, with revenue at its flagship Vistaprint business increasing less than 1% and profitability declining in its National Pen segment. Cimpress reported it doubled overall net income to nearly $93.5 million, or $3.00 per diluted share, compared to $1.36 per diluted share the prior year. Cimpress... Read More
Cimpress reports mixed results for third quarter Earnings reports News 

Cimpress reports mixed results for third quarter

GaryPageau ,
Cimpress reported mixed results for the third, according to a letter to shareholders from chairman and CEO Robert S. Keane. Among the highlights: • Consolidated revenue grew 4% year over year in Q3 FY2019, and organic constant-currency revenue grew 3%, compared to 16% and 11%, respectively, in Q3 FY2018. This was largely driven by essentially flat revenue growth at Vistaprint, which... Read More
Vistaprint launches new brand platform ‘Own The Now’ Marketing News Press releases 

Vistaprint launches new brand platform ‘Own The Now’

GaryPageau ,
Empowering Small Business Owners to Seize the Opportunity February 04, 2019 09:00 AM Eastern Standard Time – WALTHAM, Mass.–(BUSINESS WIRE)–Vistaprint, the leading online provider of marketing products and services to small businesses, announced its new global brand platform ‘Own The Now’. The brand refresh reinforces Vistaprint’s dedication to empowering small businesses to look and feel professional across all their marketing.... Read More
Cimpress has rough second quarter Earnings reports News 

Cimpress has rough second quarter

GaryPageau ,
In a letter to shareholders, Cimpress Chairman and CEO Robert S. Keane called the company’s second quarter “a poor quarter, the worst in a long time.” “As you will recall, we were also disappointed with our revenue growth last quarter,” wrote Keane. “Our deteriorating performance over the past six plus months led to some serious soul searching about the root... Read More
Vistaprint parent Cimpress not impressed with results Earnings reports News Press releases 

Vistaprint parent Cimpress not impressed with results

GaryPageau ,
Cimpress NV, parent company of Vistaprint and other personal product brands, reported healthy first-quarter top-line growth 5% (including the impact of currency changes and results of acquisitions and divestitures) but operating income continues to be under pressure. The company reported income of $589 million in the quarter, compared to $563 million last year. The company’s operating loss was $5.9 million,... Read More