Vistaprint's revenue increases

• GAAP net income per diluted share for the first quarter was $0.19, versus $0.24 in the same quarter a year ago.

• Non-GAAP adjusted net income for the first quarter, which excludes share-based compensation expense and its related tax effect, was $13.0 million, or 6.1 percent of revenue, representing a 20 percent decrease compared to non-GAAP adjusted net income of $16.3 million, or 9.6 percent of revenue, in the same quarter a year ago.

• Non-GAAP adjusted net income per diluted share for the first quarter, which excludes share-based compensation expense and its related tax effect, was $0.31, versus $0.36 in the same quarter a year ago.

• Capital expenditures in the first quarter were $11.0 million or 5.2 percent of revenue.

• During the first quarter, the company generated $30.5 million of cash from operations and $17.8 million in free cash flow, defined as cash from operations less purchases of property, plant and equipment, purchases of intangible assets, and capitalization of software and website development costs.

• The company had $161.1 million in cash and cash equivalents as of Sept. 30, 2011.

• During the first quarter, the company purchased 3.1 million of its ordinary shares for $91.1 million, inclusive of transaction costs, at an average per-share cost of $29.62, as part of the share repurchase program authorized by the Supervisory Board in November 2010.

• Subsequent to the end of our first quarter and through Oct. 21, 2011, the company purchased an additional 1.8 million shares for $50.4 million, inclusive of transaction costs, at an average per-share cost of $28.68, pursuant to a new program that our Supervisory Board authorized in August 2011.

Operating Highlights:

• Vistaprint acquired approximately 1.9 million new customers in the first fiscal quarter ended Sept. 30.