Cimpress plc Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2021
April 27, 2021
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Cimpress plc announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2021. For the quarter, the company reported revenue was $578,851,000 against $597,960,000 a year ago. Loss from operations was $15,697,000 against $87,736,000 a year ago. Net loss was $38,841,000 against $83,500,000 a year ago. Basic net loss per share attributable to cimpress plc was $1.5 against $3.26 a year ago. Diluted net loss per share attributable to cimpress plc was $1.5 against $3.26 a year ago.
For the nine months, the company reported revenue was $1,951,496,000 against $2,052,252,000 a year ago. Profit from operations was $114,483,000 against $59,238,000 a year ago. Net loss was $15,018,000 against net income of $127,000,000 a year ago. Basic net loss per share attributable to cimpress plc was $0.67 against basic net income per share attributable to cimpress plc of $4.54 a year ago. Diluted net loss per share attributable to cimpress plc was $0.67 against diluted net income per share attributable to cimpress plc of $4.43 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.