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EFI Reports Q1 2008 Results

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By: DAVID SAVASTANO

Editor, Ink World Magazine

EFI announced today its results for the first quarter of 2008. For the quarter ended March 31, 2008, the company reported revenues of $136.6 million, compared to first quarter 2007 revenue of $147.8 million. Non-GAAP net income was $11.8 million or $0.20 per diluted share in the first quarter of 2008, compared to $19.6 million or $0.30 per diluted share for the same period in 2007. GAAP net loss was $5.4 million or $0.10 per diluted share in the first quarter of 2008, compared to $2.1 million ...

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