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During a recent call, CEO Guy Gecht said, ‘We expect to spin out the operational part of our inkjet label printer line.’
October 31, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
In a recent earnings call, Electronics for Imaging (EFI) CEO Guy Gecht, reported third quarter results of $248.4 million in revenue, a figure that is up 1% compared to 3Q 2016. However, for the nine-month period that ended Sept. 30, 2017, EFI reported revenue of $724.1 million USD, down 0.2% when compared to last year’s results. Noting that the results are disappointing, Gecht said during the call that there will be some changes taking place within the company, particularly within EFI’s Jet...
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