Industry News, Ink Manufacturers News

EFI Sets $1 Billion Revenue Target, Increases Long Term Financial Model

Announces $200 million share repurchase program

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) will make a number of financial announcements today at its Investor Day: • The company set a revenue target of $1 Billion and non-GAAP earnings per share of $2.30-$2.60 for FY2016. • Announced a $200 million share repurchase program, expected to be completed in three years. “Industrial imaging is at an inflection point as digital printing technology is disrupting the way manufacturing has been done for decades,” stated Guy Gecht, EFI’s CEO. ...

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