EFI Third Quarter Revenue UP 16%

Electronics For Imaging, Inc. (EFI) has announced its revenue results for the third quarter of 2015 (3Q2015), ended September 30, 2015.

It is reported that the revenue in 3Q2015 was of USUS$228.7 million, up 16% compared to 3Q2014. Non-GAAP net income was US$24.1 million or US$0.50 per diluted share, compared to non-GAAP net income of US$20.6 million or US$0.43 per diluted share for the same period in 2014. GAAP net income was US$10.3 million or US$0.21 per diluted share, compared to US$4.8 million or US$0.10 per diluted share for the same period in 2014.

Guy Gecht, CEO of EFI, said, “EFI delivered another solid quarter, overcoming the negative impact from various foreign currencies and weak emerging markets. I’m 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.”

Source: http://ir.efi.com/

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