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CafePress Q3 loss widens 11.3% YOY

CafePress Inc. said its third-quarter normalized net income amounted to a loss of 9 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 11 cents per share.

The per-share loss grew 14.5% year over year from 8 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $1.5 million, compared with a loss of $1.3 million in the prior-year period.

The normalized profit margin fell to negative 7.6% from negative 6.9% in the year-earlier period.

Total revenue decreased year over year to $19.2 million from $19.5 million, and total operating expenses totaled $21.5 million, compared with $21.6 million in the prior-year period.

Reported net income came to a loss of $3.3 million, or a loss of 20 cents per share, compared to a loss of $3.6 million, or a loss of 21 cents per share, in the year-earlier period.