Cimpress plc Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 03, 2024 at 01:46 am IST
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Cimpress plc reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 780.59 million compared to USD 742.16 million a year ago. Net loss was USD 3.98 million compared to USD 49.33 million a year ago. Basic loss per share from continuing operations was USD 0.15 compared to USD 1.88 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to USD 1.88 a year ago.
For the nine months, sales was USD 2,459.25 million compared to USD 2,290.78 million a year ago. Net income was USD 58.68 million compared to net loss of USD 214.77 million a year ago. Basic earnings per share from continuing operations was USD 2.22 compared to basic loss per share from continuing operations of USD 8.19 a year ago. Diluted earnings per share from continuing operations was USD 2.16 compared to diluted loss per share from continuing operations of USD 8.19 a year ago.
Cimpress plc is focused on mass customization of printing and related products, via which it delivers volumes of individually small-sized customized orders. Its segments include Vista, PrintBrothers, The Print Group, National Pen and All Other Businesses. The Vista segment includes Vista, the parent brand of multiple offerings, including VistaPrint, VistaCreate, 99designs by Vista, Vista Corporate Solutions, and Depositphotos. The PrintBrothers segment includes its druck.at, Printdeal, and WIRmachenDRUCK businesses. The Print Group segment includes its Easyflyer, Exaprint, Pixartprinting, and Tradeprint businesses. The National Pen segment includes the global operations of its National Pen business, which manufactures and markets custom writing instruments and promotional products, apparel and gifts. The All Other Businesses segment includes two businesses grouped together based on materiality. Its products are marketing materials, business cards, signage, packaging and others.
CIMPRESS PLC 
