Cimpress NV Starts the Fiscal Year Strong, Announces Vistaprint Restructuring

Cimpress NV Starts the Fiscal Year Strong, Announces Vistaprint Restructuring

Cimpress NV (NASDAQ: CMPR) released fiscal first-quarter 2018 results on Wednesday after the market closed, highlighting strong revenue growth and a surprise profit driven by a combination of one-time items, lower acquisition expenses, and the fruits of its previous decentralization effort. The mass-customization specialist also announced plans to restructure its core Vistaprint business.

With shares closing up more than 7% on Thursday in response, let's take a closer look at how Cimpress kicked off its new fiscal year.

IMAGE SOURCE: CIMPRESS.

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Source: Fool.com