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Stock impact report

EFI Announces Postponement of Conference Call

ELECTRONICS FOR IMAGING (EFII) 
Last electronics for imaging earnings: 5/7 04:40 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.efi.com/investor-relations
Company Research Source: GlobeNewswire
FREMONT, Calif., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, is postponing the conference call at which it anticipated discussing second quarter 2017 preliminary results in order to enable the Company to complete an assessment of the timing of recognition of revenue.  The assessment is related to certain transactions where a customer signed a sales contract for one or more large format printers and was invoiced, and the printer(s) were stored at a third party in-transit warehouse prior to delivery to the end user.  In addition, EFI is in the process of completing an assessment of the effectiveness of EFI’s current and historical disclosure controls and internal control over financial reporting.  EFI expects to report a material weakness in internal control over financial reporting related to this matter.  EFI also expects to report that EFI’s disclosure controls were not effective in Show less Read more
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