Vistaprint Earnings: Here’s Why the Stock is Falling Now
Vistaprint N.V. (NASDAQ:VPRT) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.08%.
Vistaprint N.V. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 65.52% to $0.48 in the quarter versus EPS of $0.29 in the year-earlier quarter.
Revenue: Rose 11.67% to $287.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Vistaprint N.V. reported adjusted EPS income of $0.48 per share. By that measure, the company beat the mean analyst estimate of $0.36. It beat the average revenue estimate of $285.51 million.
Quoting Management: “Peter has been a recognized leader in the software industry for many years. We’re fortunate to have someone with such a long view of the industry’s evolution, vision for where it’s going, and track record of leading software companies successfully and profitably through all stages of growth,” said Tim Healy, Chairman and CEO of EnerNOC.
Key Stats (on next page)…