Tuesday, January 22, 2013

Vistaprint Slumps As FY Q4 Guidance Falls Short Of Estimates

Vistaprint (VPRT) shares are trading lower after hours on weaker-than-expected June quarter guidance.

For the fiscal third quarter ended March 31, the online provider of personalized products for small businesses posted revenue of $166 million, a bit shy of the Street at $169.1 million;but non-GAAP profits of 46 cents a share were ahead of the Street at 42 cents.

For FY Q4, VPRT sees revenue of $169 million to $174 million, with non-GAAP EPS of 35-38 cents; the Street has been expecting $174 million and 44 cents.

VPRT in late trading is down $4.90, or 8.4%, to $53.70.

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