Courtesy of Benzinga.
Shares of Vistaprint (NASDAQ: VPRT) are falling in the after-hours following the release of the company’s Q4 earnings results. Currently, shares are lower by 32.57%, at $28.59; they ended the regular session lower by 0.63%, at $42.40.
Vistaprint reported Q4 EPS of $0.43 on revenues of $208.8 million; the Street was looking for $0.43 per share on revenues of $205.7 million. Revenues increased 27.1% year over year.
The company sees Q1 EPS in the range of $0.20-0.30 on revenues of $207-215 million; the Street was at $0.44 per share on revenues of $212.32 million.
“We are pleased to have just delivered another quarter and another fiscal year of healthy revenue and earnings per share growth,” said Robert Keane, president and chief executive officer.
“We achieved solid financial and operational results, with record new customer additions, increased revenue from existing customers, continued geographic expansion, and healthy growth across our businesses. We also delivered outstanding free cash flow growth which illustrates the power of our operating model during a year in which we made fewer capital expenditures. We also began to execute on several growth initiatives that we believe will better position us to capture more of our large market opportunity and drive competitive advantage.”
Vistaprint N.V., formerly VistaPrint Limited is an online provider of coordinated portfolios of customized marketing products and services to micro businesses worldwide.
