Industry News

EFI Reports Q1 2008 Results

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By: DAVID SAVASTANO

Editor, Ink World Magazine

EFI announced 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.      “We are pleased to report revenue and earnings at the high end of our range due to the better than expected...

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