Industry News, Ink Manufacturers News

EFI Reports Record First Quarter With Revenue of $171M, Up 7 Percent

Growth across all business segments drives 24 percent operating income increase and solid cash generation

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced its results for the first quarter of 2013. For the quarter ended March 31, 2013, the company reported first quarter record revenue of $171.4 million, up 7% compared to first quarter 2012 revenue of $160.1 million. First quarter 2013 non-GAAP net income was $15.8 million or $0.33 per diluted share, which included an unfavorable non-operational currency impact of $0.04 per diluted share, compared to non-GAAP net income of $14.2 million or $0.30 per di...

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