Cimpress NV (NASDAQ: CMPR) announced fiscal second-quarter 2017 results Wednesday after the market closed, along with plans to “decentralize its organizational structure.” Shares are down more than 8% in after-hours trading, as Wall Street frowns upon continued profitability headwinds for the mass customization specialist.
To be fair, going into this report Cimpress shares had all but recovered from last quarter’s similar post-earnings plunge . And investors should recall Cimpress hasn’t provided specific financial guidance since late 2015, when it outlined a novel long-term approach of maximizing its intrinsic per-share value . Nonetheless, let’s have a deeper loo…
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