EFI Reports Record Fourth-Quarter and Full-Year 2013 Financial Results

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Net income for the fourth quarter was $75.2 million or $1.54 per diluted share, up 33 percent and 29 percent respectively, compared to $56.6 million or $1.19 per diluted share for the same period in 2012.

For the twelve months ended December 31, 2013, EFI reported record revenue of $727.7 million, up 12 percent year-over-year compared to $652.1 million for the same period in 2012. Net income for 2013 was $109.1 million or $2.26 per diluted share, up 31 percent and 30 percent, respectively, compared to net income of $83.3 million or $1.74 per diluted share for the same period in 2012.

“The EFI team delivered a record fourth quarter with strong execution, driving double-digit growth across all segments and regions and capping a terrific 2013,” commented EFI CEO Guy Gecht. “Looking ahead, we are excited about our opportunities from the ongoing migration of analog to digital printing, and continue to be very focused on helping customers become more productive and competitive.”

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