EFI Files Form 12b-25
ELECTRONICS FOR IMAGING (EFII)
Last electronics for imaging earnings: 5/7 04:40 pm
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US:NASDAQ Investor Relations:
ir.efi.com/investor-relations
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Source: GlobeNewswire
FREMONT, Calif., Nov. 13, 2017 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII) announced today that the Company filed a Form 12b-25 regarding its Form 10-Q for the period ended September 30, 2017. In the filing, the Company stated that the preliminary earnings announcement for the quarter ended September 30, 2017 included an expense related to a write-off during the quarter of certain inventory, a majority of which the Company acquired as part of its July 2015 acquisition of Reggiani Macchine S.P.A. EFI has just concluded negotiations with the prior owners to recover part of this expense, and, as a result, the expense has been reduced. The Company is evaluating the accounting impacts of the write-off and reduction of the inventory expense and related settlement, and whether this affects management’s assessment of the effectiveness of its current and historical disclosure controls and internal control over financial reporting. The Company does not expect any nega
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