Industry News, Ink Manufacturers News

EFI Reports Second Quarter 2017 Results

Company reported record second quarter revenue of $247.0 million, up 1% from 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced its results for the second quarter of 2017.    For the quarter ended June 30, 2017, the company reported record second quarter revenue of $247.0 million, up 1% compared to second quarter 2016 revenue of $245.7 million. GAAP net income was $2.8 million, down 47% compared to $5.2 million for the same period in 2016 or $0.06 per diluted share, down 45% compared to $0.11 per diluted share for the same period in 2016. Cash flow from operating activities...

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