Cimpress plc Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
January 31, 2024 at 04:07 pm EST
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Cimpress plc reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 921.36 million compared to USD 845.2 million a year ago. Net income was USD 58.11 million compared to net loss of USD 140 million a year ago. Basic earnings per share from continuing operations was USD 2.18 compared to basic loss per share from continuing operations of USD 5.34 a year ago. Diluted earnings per share from continuing operations was USD 2.14 compared to diluted loss per share from continuing operations of USD 5.34 a year ago.
For the six months, sales was USD 1,678.66 million compared to USD 1,548.62 million a year ago. Net income was USD 62.66 million compared to net loss of USD 165.44 million a year ago. Basic earnings per share from continuing operations was USD 2.36 compared to basic loss per share from continuing operations of USD 6.31 a year ago. Diluted earnings per share from continuing operations was USD 2.31 compared to diluted loss per share from continuing operations of USD 6.31 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 
