earnings
confidence high
sentiment positive
materiality 0.80
Cimpress Q2 revenue $921M, adj. EBITDA $166M; raises FY2024 guidance
CIMPRESS plc
2024-Q2 EPS reported
$2.31
revenue$1,678,657,000
- Revenue $921.4M (+9% reported, +6% organic constant-currency); operating income $107.7M (up $74.1M YoY).
- Adjusted EBITDA $166.4M (up $55.3M YoY); adj. free cash flow $150.0M (up $96.2M).
- FY2024 guidance raised: adj. EBITDA at least $455M (from $425M), operating income at least $230M (from $206M).
- Board authorized $150M share repurchase program; net leverage decreased to 2.87x from 5.52x.
- Vista segment EBITDA $103.2M (+87% YoY) on 11% revenue growth; gross margin expanded 400bps to 56.4%.