Industry News, Ink Manufacturers News

EFI Reports Record Revenue for 2Q 2012

Revenue increases 16 percent, driven by 39 percent growth in industrial inkjet and 33 percent growth in productivity software

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced its results for the second quarter of 2012. For the quarter ended June 30, 2012, the company reported record revenue of $163.9 million, up 16% compared to second quarter 2011 revenue of $141.2 million. Second quarter 2012 non-GAAP net income was $14.2 million or $0.30 per diluted share, which included an unfavorable non-operational currency impact of $0.03 per share, compared to non-GAAP net income of $11.3 million or $0.23 per diluted share ...

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