Home / Knowledge / News / Textiles / Q4 revenue climbs 22% at EFI
Q4 revenue climbs 22% at EFI
29
Jan '16
For the quarter ended December 31, 2015, revenues at Electronics For Imaging, Inc (EFI), a marketer of customer-focused digital printing innovations climbed 22 per cent year over year.

In a press release, the company reported record revenue of $256.5 million in the fourth quarter of 2015, up 22 per cent compared to fourth quarter 2014 revenue of $211.1 million.

Non-GAAP net income was $29.4 million or $0.61 per diluted share, which was reduced by 3 cents due to balance sheet currency translation impact.

In the fourth quarter of 2014, EFI had recorded non-GAAP net income of $25.1 million or $0.52 per diluted share, which too was reduced by 2 cents due to balance sheet currency translation impact.

GAAP net income for the quarter under review was $10.3 million or $0.21 per diluted share, compared to $11.9 million or $0.25 per diluted share in the year ago quarter.

For the year ended December 31, 2015, EFI's revenue totaled $882.5 million, up 12 per cent as against 790.4 million in 2014.

Non-GAAP net income in 2015 amounted to $97.9 million or $2.03 per diluted share compared to non-GAAP net income of $87.1 million or $1.80 per diluted share last year.

While, GAAP net income was $33.5 million or $0.70 per diluted share as against $33.7 million or $0.70 per diluted share in the prior year.

"Our team capped another strong year for EFI by delivering an outstanding quarter despite the continued macro headwinds we have had to overcome all year," said Guy Gecht, CEO of EFI.

"As we begin 2016, we remain deeply committed to developing innovative technology to make our customers more competitive and productive," Gecht added.

EFI develops technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalised documents, with a wide range of printers, inks and digital front ends.

These also include a comprehensive business and production workflow suite that transforms and streamlines the entire production process. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search