VistaPrint Ltd. (VPRT) has surged since its original feature as a Zacks Rank Buy in March.

Beat the Street

On Apr 30 the Internet graphic designer topped Wall Street estimates when it reported third quarter earnings of $0.44 compared to an estimate of $0.37. EPS rose 37% on a year over year basis.

Revenue climbed 21%, to $127.5 million, since last year. The company currently holds no debt and almost $115 million in cash.

CEO Speaks

“VistaPrint executed well in the third quarter with revenue in line with guidance and earnings that exceeded guidance,” said Robert Keane, CEO, in the previously mentioned press release. “These results reflect our strategy of growing both revenue and profits through a combination of new customer acquisition, geographic expansion, and enhanced customer value propositions.

The Chart

Shares have almost doubled since the March 31st feature.

Zacks Investment Research
View original at: Zacks.com

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