Vistaprint Reports Big Income Hit, but Revenue Increase

• Beyond our core business, we advanced our foundations for future growth in India and China and at our Webs and Albumprinter businesses.

• We continued our recruiting of engineering teams and began a multiyear investment to upgrade our software architecture.

Keane added, “Despite our disappointing European revenue growth in the first quarter, we anticipate that year-over-year growth in that region will improve for the rest of the year. More broadly, we remain focused on rolling out company-wide our long-term strategic initiatives, and we see some positive indicators in all regions, such as strong new customer acquisition and improved net promoter scores. This strategy includes achieving the annual earnings per share targets that we set at the beginning of this year, and we remain confident that we will achieve them.”