secwatch.observer — SEC 8-K summary
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Issuer:     CIMPRESS plc (CMPR)
CIK:        0001262976
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001262976-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cimpress Q3 FY2024 revenue up 5%, adj EBITDA $94.2M, new net leverage target 2.5x
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262976/000126297624000030/0001262976-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262976/000126297624000030/cmpr-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001262976-24-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer