CafePress Inc (PRSS) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $-0.08 EPS for the quarter. Analysts had a consensus estimate of $-0.08. The company posted revenue of $19.84 million in the period, compared to analysts expectations of $18.95 million. The company’s revenue was down -8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.03 EPS.
CafePress Inc closed down -0.05 points or -1.56% at $3.15 with 9,110 shares getting traded on Tusday. Post opening the session at $3.2, the shares hit an intraday low of $3.11 and an intraday high of $3.2 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Jun 29, 2016, Maheesh Jain (Chief Marketing Officer) purchased 500 shares at $2.99 per share price. According to the SEC, on Jun 29, 2016, Fred E. Iii Durham (CEO) purchased 3,000 shares at $2.98 per share price. On Jul 30, 2015, Garett Jackson (CFO) purchased 4,000 shares at $4.78 per share price, according to the Form-4 filing with the securities and exchange commission.
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 CafePress.com. 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.com 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.