EFI Reports Record Third Quarter Revenue of $246M, Up 7%
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., Oct. 24, 2016 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced its results for the third quarter of 2016. For the quarter ended September 30, 2016, the Company reported record third quarter revenue of $245.6 million, up 7% compared to third quarter 2015 revenue of $228.7 million. GAAP net income was $17.7 million or $0.37 per diluted share, up 76%, compared to $10.3 million or $0.21 per diluted share for the same period in 2015. Non-GAAP net income was $27.6 million or $0.58 per diluted share, up 16%, compared to non-GAAP net income of $24.1 million or $0.50 per diluted share for the same period in 2015. For the nine months ended September 30, 2016, the Company reported revenue of $725.4 million, up 16% year-over-year compared to $626.0 million for the same period in 2015. GAAP net income was $25.0 million or $0.52 per diluted share, up 8%, compared to $23.2 million
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