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Stock impact report

Why Cimpress Stock Skyrocketed Today [Yahoo! Finance]

Cimpress plc - Ordinary Shares (CMPR) 
Last cimpress plc - ordinary shares earnings: 10/30 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cimpress.com
Company Research Source: Yahoo! Finance
Cimpress is firing on all cylinders For its fiscal second quarter 2024 ended Dec. 31, 2023, Cimpress' revenue grew 9% year over year to $921.4 million. This translated to net income of $58.1 million, or $2.14 per share. Analysts, on average, were only expecting earnings of $1.24 per share on revenue of $892.1 million. Cimpress CEO Robert Keane credited the company's relative outperformance to a combination of revenue growth, margin expansion, advertising leverage, and lower operating expenses. Within its top line, Vista segment revenue notably grew 11% year over year as reported (9% on an organic, constant-currency basis), including 7% growth from Vista's consumer-product category. This was the first quarter in which the category has grown since the company began its strategic transformation in fiscal 2019. What's next for Cimpress shareholders? Cimpress management noted that at the halfway point of its fiscal year, the company is now well ahead of its previously expected g Show less Read more
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