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Mass. Mover

Vistaprint takes a beating in third quarter

Vistaprint’s revenue for the third quarter fell 1 percent to $286.19 million, missing estimates.
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Vistaprint’s revenue for the third quarter fell 1 percent to $286.19 million, missing estimates.
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Shares of Vistaprint NV plummeted after the online marketing products and services company’s third-quarter results missed estimates. The company also narrowed its earnings guidance for full-year 2014, while raising its annual revenue outlook. Vistaprint, which bases its US headquarters in Lexington, reported adjusted net income of $8.27 million or 24 cents per share, compared to $16.93 million or 48 cents in the year-ago quarter. Analysts expected earnings of 59 cents.