Why Cimpress Stock Skyrocketed Today
Cimpress(US:CMPR) The Motley Foolยท2024-02-02 00:02Shares of Cimpress (CMPR 21.68%) rose 21.7% on Thursday after the mass-customization specialist announced strong fiscal second-quarter 2024 results.Cimpress is firing on all cylindersFor its fiscal second quarter 2024 ended Dec. 31, 2023, Cimpress' revenue grew 9% year over year to $921.4 million. This translated to net income of $58.1 million, or $2.14 per share. Analysts, on average, were only expecting earnings of $1.24 per share on revenue of $892.1 million. Cimpress CEO Robert Keane credited the compan ...