Recap: Cimpress Q2 Earnings
Portfolio Pulse from Benzinga Insights
Cimpress (NASDAQ:CMPR) reported Q2 earnings with an EPS of $2.14, surpassing the estimate of $1.24 by 72.58%. Revenue increased by $76.16 million compared to the same period last year. The previous quarter's EPS beat resulted in a 1.08% share price increase the following day.
January 31, 2024 | 9:25 pm
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POSITIVE IMPACT
Cimpress reported a strong Q2 earnings beat with an EPS of $2.14, significantly higher than the estimated $1.24, and a notable increase in revenue from the previous year.
Cimpress's substantial earnings beat and revenue increase are likely to be viewed positively by investors, potentially leading to a short-term rise in stock price, similar to the increase observed after the last quarter's earnings beat.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100