CafePress (PRSS) Reports In-Line Q2 Loss
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CafePress Reports Results for Second Quarter 2016
August 4, 2016 4:15 PM EDTFifth Consecutive Quarter of Year over Year Gross Profit Margin Improvement
LOUISVILLE, Ky.--(BUSINESS WIRE)-- CafePress Inc. (NASDAQ: PRSS) today reported financial results for the three months ended June 30, 2016.
Management Commentary
Within the second quarter CafePress continued to execute on the optimization phase of our turnaround strategy. We substantially reduced our year-over-year revenue decline, maintained strong gross and contribution margin levels for the fifth consecutive quarter, and continued to invest in the strategic priorities designed to enhance our customer experience," commented Fred Durham, Chief Executive Officer.... More
