Cimpress swings to Q1 FY27 net loss of $991,000
CMPR•Cimpress reported a net loss of $991,000 in Q1 FY27, compared with a profit a year earlier. Revenue rose 8% to $934.05 million, while operating income fell 47% to $26.02 million.
1. Quarterly results
Cimpress swung to a net loss of $991,000 in Q1 FY27 from a year-earlier profit. Revenue increased 8% year over year to $934.05 million, benefiting from recent tuck-in acquisitions, while operating income fell 47% to $26.02 million. After results fell below its expectations, management is accelerating previously announced cost reductions.
