21% Revenue Increase in Q2

Electronics For Imaging, Inc. (EFI) has delivered a solid performance in the second quarter (Q2), ending June 30, 2016.

According to Guy Gecht, CEO of EFI, the main highlights about the results include:

• Q2 revenue of $245.7 million, up 21% compared to Q2 2015 revenue of $202.7 million;
• GAAP net income was $5.2 million or $0.11 per diluted share, compared to $7.7 million or $0.16 per diluted share for the same period in 2015;
• Non-GAAP net income was $26.7 million or $0.56 per diluted share, compared to non-GAAP net income of $22.9 million or $0.48 per diluted share for the same period in 2015.

For the six months ended June 30, the company reported revenue of $479.8 million, up 21% year-over-year compared to $397.3 million for the same period in 2015. GAAP net income was $7.3 million or $0.15 per diluted share, compared to $13.0 million or $0.27 per diluted share for the same period in 2015.Non-GAAP net income was $52.9 million or $1.11 per diluted share, compared to non-GAAP net income of $44.4 million or $0.92 per diluted share for the same period in 2015.

Source: www.inkworldmagazine.com/

You’re Welcome to Contact Us!
You can provide opinions and comments on this story!
Or you can send us your own story!
Please contact us, via editor@RTMWorld.com