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EFI Reports Record Fourth Quarter, Full Year 2016 Results

For the year ended Dec. 31, 2016, the company reported revenue of $992.1 million, up 12% year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced preliminary results for the fourth quarter and year ended December 31, 2016.   For the quarter ended Dec. 31, 2016, the company reported record fourth quarter revenue of $266.7 million, up 4% compared to fourth quarter 2015 revenue of $256.5 million. GAAP net income was $20.5 million, up 99% compared to $10.3 million for the same period in 2015 or $0.43 per diluted share, up 105% compared to $0.21 per diluted share for the same period in 2015.   ...

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