earnings
confidence high
sentiment positive
materiality 0.80
Cimpress Q3 FY2024 revenue up 5%, adj EBITDA $94.2M, new net leverage target 2.5x
CIMPRESS plc
2024-Q3 EPS reported
$2.16
revenue$2,459,245,000
- Revenue $780.6M (+5% reported, +4% organic CC); operating income $39.2M vs ($12.2M) YoY.
- Adjusted EBITDA $94.2M (+$25M YoY); TTM adj EBITDA $463.2M, up $199.6M YoY.
- Repurchased 1.3M shares for $120M (avg $93.18), reducing shares outstanding by 5%.
- New leverage policy targets net leverage ≤2.5x TTM EBITDA (currently 3.0x); expects to reach in FY2025.
- Vista revenue +5%, EBITDA $71.8M (+19%); National Pen revenue +10%; Upload & Print combined +6%.