Vistaprint N.V. (VPRT), a web-based provider of printing services, reported an increase in profit for the first quarter as revenue grew 27% year over year. Both earnings and revenues for the quarter topped Street expectations.
The company recorded net income for the first quarter of $12.98 million or $0.29 per share, up from $8.27 million or $0.18 per share in the previous year quarter.
Excluding charges, net income for the first quarter was $18.48 million or $0.41 per share, higher than $13.96 million or $0.30 per share in the previous year quarter. On average, 10 analysts polled by Thomson Reuters expected the company to report earnings of $0.35 per share. Analysts' estimates typically exclude special items.
Quarterly revenue rose to $145.09 million from $114.23 million in the same quarter a year-ago. Nine analysts expected revenues of $138.08 million. Looking ahead, the company expects earnings including charges for the second quarter in the range of approximately $0.43 to $0.48 per share and excluding charges, about $0.55 to $0.60 per share. Second quarter revenue is anticipated to be around $167 million to $175 million. Analysts estimate earnings of $0.58 per share on revenues of $169.05 million.
For the fiscal year 2010, the company expects revenue to be approximately $615 million to $645 million. Earnings, including charges, is expected to be about $1.39 to $1.49 per share and excluding charges about $1.85 to $1.95 per share. Analysts anticipate earnings of $1.94 per share on revenues of $627.77 million. VPRT closed Thursday's regular trading at $50.09 down $1.61 or 3.11% on a volume of 1.544 million shares on the Nasdaq, and in the aafter hour trading the stock price increased to $50.70 up $0.61 or 1.22%.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.