EFI reports record revenue for third quarter.

Position:INDUSTRY News - Financial report
 
FREE EXCERPT

* Electronics For Imaging (EFI) has announced record earnings for the third quarter, which ended on September 30, 2014. The company has reported revenue of $197.7 million, up 11% compared to the third quarter from a year ago. EFI, which is based in Silicon Valley, CA, USA, is an international provider of digital printing products, technology and services.

Non-GAAP operating income was $30.8 million compared to $22.8 million for the same period in 2013. Non-GAAP net income was $20.6 million or $0.43 per diluted share, compared to non-GAAP net income of $18.7 million or $0.39 per diluted share for the same period last year. GAAP operating income was $12.9 million compared to $13.9 million for the same period in 2013. GAAP net income was $4.8 million or $0.10 per diluted share, compared to last year's $16.1 million or $0.33 per diluted share.

For the nine-month period that ended on September 30, the company has reported revenue of $579.3 million, up 9% year-over-year compared to $530.5 million for the same period in 2013. Non-GAAP operating income was...

To continue reading

FREE SIGN UP