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Last $4.40 USD
Change Today -0.01 / -0.23%
Volume 10.6K
PRSS On Other Exchanges
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As of 1:54 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

cafepress inc (PRSS) Key Developments

CafePress Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Impairment Charges on Assets Held for Sale for the Second Quarter of 2015

CafePress Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net revenues of $21,764,000 against $29,076,000 a year ago. Loss from operations was $1,819,000 against $4,419,000 a year ago. Loss before income taxes was $1,792,000 against $4,448,000 a year ago. Net loss from continuing operations was $1,074,000 or $0.06 per basic and diluted share against $4,230,000 or $0.24 per basic and diluted share a year ago. Net loss was $8,778,000 or $0.50 per basic and diluted share against $4,329,000 or $0.25 per basic and diluted share a year ago. Adjusted EBITDA was $723,000 against adjusted LBITDA of $1,843,000 a year ago. Non-GAAP operating loss from continuing operations was $870,000 against $3,727,000 a year ago. Non-GAAP net loss from continuing operations was $544,000 or $0.03 per basic and diluted share against $2,404,000 or $0.14 per basic and diluted share a year ago. Non-GAAP loss before tax was $843,000 against $3,756,000 a year ago. The company had a $0.2 million outflow in the second quarter compared to $3.3 million outflow for the same period last year. Capital expenditures for the second quarter totaled $0.9 million compared to $1.5 million a year ago, driven primarily by lower levels of investment in plant infrastructure. For the six months, the company reported net revenues of $45,340,000 against $55,715,000 a year ago. Loss from operations was $4,877,000 against $9,137,000 a year ago. Loss before income taxes was $4,817,000 against $9,195,000 a year ago. Net loss from continuing operations was $3,404,000 or $0.19 per basic and diluted share against $8,980,000 or $0.52 per basic and diluted share a year ago. Net income was $3,404,000 or $0.19 per basic and diluted share against net loss of $9,135,000 or $0.53 per basic and diluted share a year ago. Net cash used in operating activities was $14,639,000 against $15,012,000 a year ago. Purchase of property and equipment was $377,000 against $1,133,000 a year ago. Adjusted LBITDA was $240,000 against adjusted LBITDA of $3,902,000 a year ago. Non-GAAP operating loss from continuing operations was $3,499,000 against $7,684,000 a year ago. Non-GAAP net loss from continuing operations was $2,218,000 or $0.13 per basic and diluted share against $4,955,000 or $0.29 per basic and diluted share a year ago. Non-GAAP loss before tax was $3,439,000 against $7,742,000 a year ago. Capitalization of software and website development costs was $1,349,000 against $1,599,000 a year ago. For the quarter, the company reported impairment charges - assets held for sale of $7,311,000.

CafePress Inc. to Report Q2, 2015 Results on Aug 13, 2015

CafePress Inc. announced that they will report Q2, 2015 results at 5:00 PM, US Eastern Standard Time on Aug 13, 2015

CafePress Inc., Q2 2015 Earnings Call, Aug 13, 2015

CafePress Inc., Q2 2015 Earnings Call, Aug 13, 2015

CafePress Inc. Appoints Nick Swinmurn to its Board of Directors

CafePress Inc. announced that Nick Swinmurn, founder of Zappos.com, was appointed to the company's Board of Directors, effective July 6, 2015. Including the addition of Swinmurn, the CafePress Board consists of six directors.

CafePress Inc. Announces the Resignation of Douglas Leone as Member of the Board of Directors, Effective as of July 1, 2015

On June 12, 2015, director Douglas Leone notified CafePress Inc. that he was resigning as a member of the Board of Directors, effective as of July 1, 2015. Mr. Leone's decision was not the result of any disagreement with the company or the Board of Directors.

 

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Price/Book 1.0x
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