Vistaprint Reports Double-digit Growth in Revenue, Income

The company had $172.3 million in cash, cash equivalents, and short-term marketable securities as of March 31, 2010.

"Vistaprint delivered strong third quarter revenue in line with our guidance," said Robert Keane, president and chief executive officer. "Our earnings performance exceeded our expectations due to strong gross margins and lower than anticipated expenses during the quarter. We continued to execute toward our accelerated investment plans for the fiscal year, although the timing of some of our investments has shifted into the fourth quarter. We are pleased with our results and believe that we remain well positioned to continue to drive competitive advantage and deliver strong financial results for years to come."