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EFI Reports Q1 2011 Results

Revenue increases 26 percent year-over-year with non-GAAP EPS of $0.28

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced its results for the first quarter of 2011. For the quarter ended March 31, 2011, the company reported revenue of $140.1 million, compared to first quarter 2010 revenue of $110.8 million. GAAP net income was $6.2 million or $0.13 per diluted share in the first quarter of 2011, compared to GAAP net loss of $(11.4) million or $(0.25) per diluted share for the same period in 2010. Q1 2011 GAAP net income of $6.2 million was primarily driven by a strong ...

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