Breaking News

EFI reports record results

January 29, 2013

For the quarter ended December 31, 2012, the company reports record revenue of $174.1 million.

EFI has announced its results for the fourth quarter and full year of 2012. For the quarter ended December 31, 2012, the company reported record revenue of $174.1 million, up 7% compared to fourth quarter 2011 revenue of $163.1 million. Fourth quarter 2012 non-GAAP net income was $19.8 million or $0.42 per diluted share compared to non-GAAP net income of $16.6 million or $0.36 per diluted share for the same period in 2011, up 19% and 17%, respectively. GAAP net income was $56.6 million or $1.19 per diluted share, compared to $11.5 million or $0.25 per diluted share for the same period in 2011, up 393% and 376%, respectively.

For the twelve months ended December 31, 2012, the EFI reported revenue of $652.1 million, up 10% year-over-year compared to $591.6 million for the same period in 2011. Non-GAAP net income was $61.5 million or $1.29 per diluted share, compared to non-GAAP net income of $53.1 million or $1.12 per diluted share for the same period in 2011, up 16% and 15%, respectively. GAAP net income was $83.3million or $1.74 per diluted share, compared to GAAP net income of $27.5 million or $0.58 per diluted share for the same period in 2011, up 203% and 200%, respectively.

"We finished 2012 with a very strong quarter that marked a record year for EFI. The fourth quarter again demonstrated tremendous execution and commitment by our team, solidifying our third consecutive year of double-digit growth," says Guy Gecht, chief executive officer of EFI. "We are excited about 2013 and the growth opportunities ahead for EFI and our customers."
  • HP previews Dscoop

    HP previews Dscoop

    Greg Hrinya, Associate Editor||February 10, 2017
    Ken Brown detailed the event, which will take place in Phoenix, AZ, USA, from March 1-4.

  • Xeikon Café returns in March

    Xeikon Café returns in March

    February 10, 2017
    Members of all areas of the label and packaging industry are invited to Xeikon headquarters in Lier, Belgium, March 28-31.

  • RotoMetrics tackles rotary diecutting challenges

    RotoMetrics tackles rotary diecutting challenges

    Greg Hrinya, Associate Editor||February 7, 2017
    Customers are seeking higher quality with shorter lead times.

  • Getting Educated at Labelexpo

    Getting Educated at Labelexpo

    Steve Katz, Editor||September 7, 2016
    With a wide range of presentations, expert-led master classes and machinery demonstrations, there is no shortage of learning