Vistaprint Reports Profit In Q1 - Quick Facts

(RTTNews) - Vistaprint N.V. (VPRT), an online provider of professional marketing products and services to micro businesses and the home, reported first-quarter net income of $412 thousand or $0.01 per share, compared to a loss of $1.70 million or $0.05 per share, last year. Adjusted net income was $11.25 million or $0.32 per share, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.38 for the quarter. Analysts' estimates typically exclude special items.

Revenue grew to $275.1 million, a 9 percent increase over $251.4 million, a year ago. Excluding the estimated impact from currency exchange rate fluctuations, total revenue also grew 9 percent year over year in the first quarter. Analysts expected revenue of $273.73 million for the quarter.

For the full fiscal year ending June 30, 2014, the company expects revenue of approximately $1.25 billion to $1.30 billion, or 7 percent to 11 percent growth year over year in reported terms. The company expects GAAP net income per share of approximately $1.35 to $1.70. The company expects non-GAAP adjusted net income per share of approximately $2.49 to $2.83 for fiscal 2014. Analysts expect the company to report fiscal 2014 profit per share of $2.70 on revenue of $1.26 billion.