Cimpress N.V. announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2016. For the quarter, revenue was $436,817,000 compared to $339,901,000 a year ago. Loss from operations was $17,531,000 compared to income of $4,341,000 a year ago. Loss before income taxes were $36,625,000 compared to income of $9,501,000 a year ago. Net loss was $36,463,000 compared to income of $7,925,000 a year ago. Net loss attributable to company was $33,363,000 or $1.06 diluted per share compared to profit of $8,611,000 or $0.25 diluted per share a year ago. Net cash provided by operating activities was $23,859,000 compared to $1,570,000 a year ago. Purchases of property, plant and equipment was $19,092,000 compared to $15,153,000 a year ago. Purchases of intangible assets were $51,000 compared to $56,000 a year ago. Capitalization of software and website development costs were $6,057,000 compared to $5,068,000 a year ago. Negative free cash flow was $1,341,000 compared to $17,458,000 a year ago. revenue growth was 31%. Excluding both the currency impact and revenue from businesses acquired during the past twelve months, revenue grew 10% year over year in the third quarter. This quarter, about 27% of revenue was in the Upload and Print portfolio

For the nine months, revenue was $1,308,839,000 compared to $1,113,738,000 a year ago. Income from operations was $62,163,000 compared to $81,088,000 a year ago. Income before income taxes were $41,715,000 compared to $101,862,000 a year ago. Net income was $30,858,000 compared to $94,204,000 a year ago. Net income attributable to company was $35,035,000 or $1.07 diluted per share compared to $95,914,000 or $2.85 diluted per share a year ago. Net cash provided by operating activities was $183,535,000 compared to $192,414,000 a year ago. Purchases of property, plant and equipment was $62,641,000 compared to $50,105,000 a year ago. Purchases of intangible assets were $453,000 compared to $201,000 a year ago. Capitalization of software and website development costs were $18,184,000 compared to $12,517,000 a year ago. Free cash flow was $105,881,000 compared to $130,840,000 a year ago.
.
For the fiscal year 2016, the company expected GAAP effective tax rate would be at 15% to 20%.