EFI Reports Record Revenue of $203 Million, Net-Income Gains

efi Essential LogoElectronics For Imaging (EFI) yesterday reported record second-quarter revenue of $202.7 million, up 5 percent compared to second-quarter 2014 revenue of $193.0 million. Net income was $7.7 million, or $0.16 per share, compared to $6.9 million, or $0.14 per share, for second-quarter 2014.

For the six months that ended June 30, 2015, EFI also reported revenue of $397.3 million, up 4 percent year-over-year compared to $381.7 million for the same period in 2014. Net income for this half year was $13.0 million, or $0.27 per share, compared to $17.0 million, or $0.35 per share, for the same period in 2014.

“Solid execution by our team led to a record June quarter for EFI, driven by strength across all of our business segments,” commented EFI CEO Guy Gecht. “We couldn’t ask for a better setup as we begin integrating Reggiani and Matan, which we acquired early in the third quarter. These two acquisitions strengthen EFI’s product offerings and capabilities, and most importantly, strategically expand our TAM as we enter the vast digital textile market.”

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