CafePress Inc (PRSS) Releases Earnings Results, Misses Expectations By $-0.01 EPS

CafePress Inc (PRSS) reported quarterly earnings results on Thursday, May-5-2016. The company reported $-0.10 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $-0.09. The company posted revenue of $18.10 million in the period, compared to analysts expectations of $21.10 million. The company’s revenue was down -23.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.12 EPS.

CafePress Inc opened for trading at $3.74 and hit $3.75 on the upside on Wednesday, eventually ending the session at $3.69, with a gain of 2.93% or 0.1052 points. The heightened volatility saw the trading volume jump to 2,712 shares. Company has a market cap of $62 M.

In a different news, on Mar 7, 2016, Fred E. Iii Durham (CEO) purchased 9,570 shares at $3.87 per share price. According to the SEC, on Jul 30, 2015, Garett Jackson (CFO) purchased 4,000 shares at $4.78 per share price.

CafePress Inc. is an e-commerce platform provider. The Company enables consumer and business partner customers across the world to shop create and sell a range of customized and personalized products through its flagship Website The Company provides a platform of technology products and service offerings to allow corporate customers to leverage its online services for their own consumer customers with little up-front investment and no inventory. Its direct e-commerce Websites and sales channels include CafePress Services and CafePress Fulfillment. Its facility in Louisville Kentucky has technology and manufacturing processes that provide products that are individually built to order. The Company maintains custom printing production capabilities in Norcross Georgia in connection with its EZ Prints Inc. brand. The Company also maintains a network of contract manufacturers that enable it to produce in certain international locales.

CafePress Inc

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