VistaPrint jumps 18% on better-than-expected Q4 results
Shares of VistaPrint Limited (Nasdaq:VPRT) are up 18% after the company’s fourth-quarter results topped Wall Street views. Net income for the fourth-quarter ended June 30 was $10.3 million, or $0.22 per share, compared with $5.4 million, or $0.12 a share, for the same period a year earlier. Not including special items, the company posted earnings of $0.32 a share; analysts had been expecting $0.30 per share. The Bermuda-based company is an online supplier of graphic design services.
At 1:41 p.m. ET, shares are at $30.62, up $4.85 from Thursday’s close. Trading volume has skyrocketed to nearly 3 million shares, almost three times the average.
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