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Vistaprint Reports Fourth Quarter And Fiscal Year 2012 Financial Results

Vistaprint N.V. (Nasdaq: VPRT):

  • Fourth quarter 2012 results:
    • Revenue grew 20 percent year over year to $250.4 million
    • Revenue grew 25 percent year over year excluding the impact of currency exchange rate fluctuations
    • Revenue grew 17 percent year over year excluding the impact of currency exchange fluctuations and revenue from acquisitions
    • GAAP net income per diluted share decreased 69 percent year over year to $0.10
    • Non-GAAP adjusted net income per diluted share decreased 7 percent year over year to $0.40
  • Fiscal year 2012 results:
    • Revenue grew 25 percent year over year to $1,020.3 million
    • Revenue grew 25 percent year over year excluding the impact of currency exchange rate fluctuations
    • Revenue grew 20 percent year over year excluding the impact of currency exchange fluctuations and revenue from acquisitions
    • GAAP net income per diluted share decreased 38 percent year over year to $1.13
    • Non-GAAP adjusted net income per diluted share decreased 15 percent year over year to $1.95

Vistaprint N.V. (Nasdaq: VPRT), a leading online provider of professional marketing products and services to micro businesses and the home, today announced financial results for the fourth quarter and fiscal year ended June 30, 2012.

“We are generally pleased with our accomplishments in fiscal 2012,” said Robert Keane, president and chief executive officer. “We sustained strong annual revenue growth while executing on key strategy initiatives. We delivered earnings above our guidance range for the fourth quarter and fiscal year due to favorability on a number of cost items. In the fourth quarter, we were pleased with revenue performance in North America and Asia Pacific; however, we were disappointed with the deterioration of revenue growth rates in Europe.

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