31.07.2014 02:31:09
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Vistaprint Q4 Profit Drops, Guides 2015 Above View, Shares Up 20% - Quick Facts
(RTTNews) - Vistaprint N.V. (VPRT) reported net income for the fourth quarter of $1.03 million or $0.03 per share, lower than $2.31 million or $0.07 per share for the year-ago quarter.
Excluding items, adjusted net income for the quarter was $25.56 million or $0.75 per share, compared to $14.09 million or $0.41 per share in the prior-year quarter.
Revenue for the quarter grew 21 percent to $338.16 million from $280.07 million in the same quarter last year. Excluding currency fluctuations and acquisitions, revenue grew only 4 percent.
On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $0.53 per share on revenues of $322.53 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead to fiscal 2015, the company expects adjusted earnings in a range of $3.46 to $3.96 per share, on projected revenues between $1.47 billion and $1.54 billion. Street is currently looking for full-year 2015 earnings of $3.28 per share on revenues of $1.41 billion.
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