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EFI Reports Record Revenue for 4Q 2015, Exceeds Outlook

Q4 2015 revenue increases 22% to $257 million; FY2015 revenue increases 12% to record $883 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced its results for the quarter and year ended Dec. 31, 2015. For the quarter ended Dec. 31, 2015, the company reported record revenue of $256.5 million, up 22% compared to fourth quarter 2014 revenue of $211.1 million. Non-GAAP net income was $29.4 million or $0.61 per diluted share, which was reduced by 3 cents due to balance sheet currency translation impact, compared to non-GAAP net income of $25.1 million or $0.52 per diluted share for the same p...

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