CafePress (PRSS) Tops Q2 EPS by 10c, Revenue Light
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CafePress Reports Results for Second Quarter 2015 Following Successful Streamlining of its Business
August 13, 2015 4:15 PM EDTPositive Non-GAAP Adjusted EBITDA and Improved Non-GAAP Contribution Margin Initiates Stock Repurchase Activities EZ Prints Business to be Divested
LOUISVILLE, Ky.--(BUSINESS WIRE)-- CafePress Inc. (NASDAQ: PRSS) today reported financial results for the three months ended June 30, 2015. CafePress reported positive Adjusted EBITDA of $0.7 million, the first EBITDA positive non-peak quarter in more than two years, and contribution margin of 29% representing a year-over-year improvement of over 1,300 basis points. The Company also reported a GAAP net loss from continuing operations of $(1.1) million and gross profit... More
