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EFI Reports Record 1Q 2016 Revenue of $234 Million, Up 20%

Industrial Inkjet segment enjoys particularly strong growth.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced its results for the first quarter of 2016.   For the quarter ended March 31, 2016, the company reported record first quarter revenue of $234.1 million, up 20% compared to first quarter 2015 revenue of $194.6 million. Non-GAAP operating income was $33.5 million compared to $28.3 million for the same period in 2015. Non-GAAP net income was $26.3 million or $0.55 per diluted share, which includes an unfavorable balance sheet currency translation impac...

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