WEB NEWS Comments & Business Outlook
"Vistaprint delivered outstanding results for the quarter and for the full year, despite the macroeconomic and currency-related headwinds we encountered most of the year ," said Robert Keane, chairman, president and chief executive officer. "Our talented employees continued to execute across functions, geographies and product lines, which is especially impressive in the context of our decision nine months ago to slow down our rate of investment due to the onset of the recession and the deterioration of currency exchange rates. As a result, we showed significant leverage in our business in 2009."
FULL YEAR 2009 Guidance Ending Junea
Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue
$605.0 to $635.0 million
$400.7 million
51.0% to 58.5%
Non-GAAP EPS b
$1.83 to $1.95
$1.18
55.1% to 65.3%
Source:GlobeNewswire (July 30, 2009) a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement. b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Comments & Business Outlook
FULL YEAR 2009 Guidance Ending Junea
Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue
$504.0 to $510.0 million
$400.7 million
25.8% to 27.3%
GAAP EPS b
$1.16 to $1.20
$0.87
33.3% to 37.9%
Non-GAAP EPS b
$1.61 to $1.65
$1.18
36.4% to 39.8%
Source: See Release , April 30, 2009
a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement. b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Comments & Business Outlook
Guidance Report:
Third Q uarter E nding March 31, 2009 Guidance
2009 EPS Guidance
2008 EPS
Implied EPS Growth
$0.34 to $0.39
$.32
6.3% to 22%
Full Year Ending June 30, 2009 Guidance
2009 EPS Guidance
2008 EPS
Implied EPS Growth
Implied Forward PEG Ratio
$1.52 to $1.61
$1.18
29% to 37%
.70 to .55
EPS Figures exclude gains and charges (Non-GAAP).
"VistaPrint executed well in the second quarter with revenue and earnings that exceeded guidance," said Robert Keane, president and chief executive officer. "We believe that VistaPrint remains on track to achieve our goal of transforming small business marketing thanks to a superior value proposition, numerous competitive advantages, dedicated and talented employees, and financial and operating discipline."
Source: GlobeNewswire (January 27, 2009 )
