EFI CEO Guy Gecht
A record first quarter revenue figure of $171.4 million, up 7% compared to the first quarter of 2012, has been announced by EFI.
The company’s net income, according to generally accepted accounting principles, was $8.4 million or $0.17 per diluted share, compared to $6.2 million or $0.13 per diluted share for the same period in 2012.
‘The EFI team delivered a great first quarter with revenue growth above our expectations, a solid increase in profitability, and very strong cash generation,’ said Guy Gecht, chief executive of EFI. ‘With new breakthrough products across our portfolio and sales opportunities at trade shows around the globe, we look for this robust demand to continue into the current quarter as EFI’s innovation continues to help customers drive growth and productivity in their businesses.’
