earnings
confidence high
sentiment positive
materiality 0.80
Cimpress Q1 FY24 revenue up 8% to $757M; adj EBITDA $88.7M, 95% YoY growth; FY24 guidance raised
CIMPRESS plc
2024-Q1 EPS reported
$0.17
revenue$757,294,000
- Revenue $757.3M (+8% reported, +4% organic CC); operating income $34.1M vs -$18.0M YoY.
- Adjusted EBITDA $88.7M (+95% YoY); adjusted free cash flow $10.9M vs -$52.2M YoY.
- FY24 guidance raised: operating income at least $206M, adjusted EBITDA at least $425M.
- Vista EBITDA more than doubled to $74.4M; customer base grew by over 100,000 in Q1.
- Net leverage reduced to 3.51x from 3.90x; repurchased $21.2M notional of 7% senior notes at discount.