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EFI Reports 1Q 2017 Results

Revenue for 1Q 2017 declined 2% to $228.7 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced its results for the first quarter of 2017.   For the quarter ended March 31, 2017, the company reported revenue of $228.7 million, down 2% compared to first quarter 2016 revenue of $234.1 million.   GAAP net income was $5.5 million, up 160% compared to $2.1 million for the same period in 2016 or $0.12 per diluted share, up 200% compared to $0.04 per diluted share for the same period in 2016. Non-GAAP net income was $25.8 million, down 2% compared...

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