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CafePress posts Q4 profit

CafePress Inc. said its fourth-quarter normalized net income was $1.5 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 3.5%.

Total revenue totaled $39.7 million, and total operating expenses came to $37.4 million.

Reported net income came to $908,670, or 5 cents per share.

For the year, the company's normalized net income totaled a loss of 15 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of a loss of 9 cents.

EPS was a loss of 60 cents in the prior year.

Normalized net income was a loss of $2.5 million, compared with a loss of $10.3 million in the prior year.

Full-year total revenue declined 20.9% year over year to $104.5 million from $132.1 million, and total operating expenses declined 26.9% on an annual basis to $108.6 million from $148.5 million.

The company said reported net income totaled a loss of $6.2 million, or a loss of 36 cents per share, in the full year, compared with a loss of $14.9 million, or a loss of 86 cents per share, the prior year.