1/27/12

Vistaprint’s revenue rises 28% in Q2

However, its profits fell nearly 7%.

Kevin Woodward , Senior Editor

Vistaprint NV, an online retailer of custom printing and related services to consumers and small business, generated a 28% increase in revenue to $299.9 million in its second quarter, but saw its net income decrease from a year ago.

For the quarter ended Dec. 31, Vistaprint, No. 36 in the Internet Retailer Top 500 Guide reported:

For the first half of its fiscal year:

A couple of acquisitions made in the second quarter contributed to Vistaprint’s dip in profits, says Ernst Teunissen, executive vice president and chief financial officer. “The tick up there has been because of the various transaction expenses that we have,” he said during a call with analysts. In December, Vistaprint announced it was buying Webs Inc., a company that offers templates and other do-it-yourself design services small businesses can use to create e-commerce, mobile commerce, and social media sites. And in October it announced it was buying Albumprinter, a company based in the Netherlands that sells photo books and products.

Topics:

acquisitions, financials, Q2, Vistaprint

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