CafePress (PRSS) Tops Q4 EPS by 6c
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CafePress (NASDAQ: PRSS) reported Q4 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $39.7 million versus the consensus estimate of $39.13 million.
"CafePress performed well during the holiday season, meeting customer delivery demands as reflected by increasing satisfaction levels, and keeping our focus on a profitable product mix. During 2015, we made important structural changes to the business that resulted in a sharper focus on our core CafePress.com business, higher contribution margin, and positive Adjusted EBITDA from continuing operations despite a lower revenue base," said Fred Durham, Chief Executive Officer. "In 2016, we will focus on stabilizing our top line, maintaining a profitable product mix, rebuilding our customer experience and investing prudently to set the stage for a return to growth.”
For earnings history and earnings-related data on CafePress (PRSS) click here.
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