{"id":14773,"date":"2015-10-21T11:36:32","date_gmt":"2015-10-21T15:36:32","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=14773"},"modified":"2015-10-21T11:36:32","modified_gmt":"2015-10-21T15:36:32","slug":"efi-reports-record-revenue-of-229m-up-16","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2015\/10\/efi-reports-record-revenue-of-229m-up-16\/","title":{"rendered":"EFI Reports Record Revenue of $229M, Up 16%"},"content":{"rendered":"

Fremont, CA,<\/em> October 20, 2015 \u2013<\/em> Electronics For Imaging, Inc. (Nasdaq: EFII), a world leader in customer-focused digital printing innovation, today announced its results for the third quarter of 2015.<\/p>\n

For the quarter ended September 30, 2015, the Company reported record revenue of $228.7 million, up 16% compared to third quarter 2014 revenue of $197.7 million. Non-GAAP net income was $24.1 million or $0.50 per diluted share, compared to non-GAAP net income of $20.6 million or $0.43 per diluted share for the same period in 2014. GAAP net income was $10.3 million or $0.21 per diluted share, compared to $4.8 million or $0.10 per diluted share for the same period in 2014.<\/p>\n

For the nine months ended September 30, 2015, the Company reported revenue of $626.0 million, up 8% year-over-year compared to $579.3 million for the same period in 2014. Non-GAAP net income was $68.5 million or $1.42 per diluted share, compared to non-GAAP net income of $61.9 million or $1.28 per diluted share for the same period in 2014. GAAP net income was $23.2 million or $0.48 per diluted share, compared to $21.8 million or $0.45 per diluted share for the same period in 2014.<\/p>\n

\u201cEFI delivered another solid quarter, overcoming the negative impact from various foreign currencies and weak emerging markets,\u201d said Guy Gecht, CEO of EFI. \u201cI\u2019m proud of the way our teams planned and are quickly executing on the integration of Reggiani and Matan. We are particularly excited about the progress and cross selling activities with our new Reggiani products reinforcing the tremendous opportunity for digital printing on textile.\u201d<\/p>\n

EFI will discuss the Company\u2019s financial results by conference call at 2:00 p.m. PDT today. Instructions for listening to the conference call over the Web are available on the investor relations portion of EFI\u2019s website at www.efi.com<\/a>.<\/p>\n

About EFI<\/em><\/p>\n

EFI\u2122 is a global technology company, based in Silicon Valley, and\u00a0is leading the worldwide transformation from analog to digital imaging.\u00a0We are passionate about fueling customer success with products that increase competitiveness\u00a0and\u00a0boost productivity. To do that, we develop breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, digital front ends, and a comprehensive business\u00a0and production workflow suite that transforms and streamlines the entire production process.\u00a0(www.efi.com<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

Fremont, CA, October 20, 2015 \u2013 Electronics For Imaging, Inc. (Nasdaq: EFII), a world leader in customer-focused digital printing innovation, today announced its results for the third quarter of 2015. For the quarter ended September 30, 2015, the Company reported record revenue of $228.7 million, up 16% compared to third quarter 2014 revenue of $197.7 million. Non-GAAP net income was $24.1 million or $0.50 per diluted share, compared to non-GAAP net income of $20.6 million or $0.43 per diluted share for the same period in 2014. GAAP net income was $10.3 million or $0.21 per diluted share, compared to $4.8 million or $0.10 per diluted share for the same period in 2014. For the nine months ended September 30, 2015, the Company reported revenue of $626.0 million, up 8% year-over-year compared to $579.3 million for the same period in 2014. Non-GAAP net income was $68.5 million or $1.42 per diluted share, compared to non-GAAP net income of $61.9 million or $1.28 per diluted share for the same period in 2014. GAAP net income was $23.2 million or $0.48 per diluted share, compared to $21.8 million or $0.45 per diluted share for the same period in 2014. \u201cEFI delivered another solid quarter, overcoming the negative impact from various foreign currencies and weak emerging markets,\u201d said Guy Gecht, CEO of EFI. \u201cI\u2019m proud of the way our teams planned and are quickly executing on the integration of Reggiani and Matan. We are particularly excited about the progress and cross selling activities with our new Reggiani products reinforcing the tremendous opportunity for digital printing on textile.\u201d EFI will discuss the Company\u2019s financial results by conference call at 2:00 p.m. PDT today. Instructions for listening to the conference call over the Web are available on the investor relations portion of EFI\u2019s website at www.efi.com. About EFI EFI\u2122 is a global technology company, based in Silicon Valley, and\u00a0is leading the worldwide transformation from analog to digital imaging.\u00a0We are passionate about fueling customer success with products that increase competitiveness\u00a0and\u00a0boost productivity. To do that, we develop breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, digital front ends, and a comprehensive business\u00a0and production workflow suite that transforms and streamlines the entire production process.\u00a0(www.efi.com).<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[179],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/14773"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=14773"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/14773\/revisions"}],"predecessor-version":[{"id":14774,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/14773\/revisions\/14774"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=14773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=14773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=14773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}