EFI Reports Inkjet, Software Products Drive Revenue Gain
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First quarter 2012 non-GAAP net income was $14.2 million, compared to non-GAAP net income of $13.5 million for the same period in 2011. GAAP net income was $6.2 million, compared to $6.2 million for the same period in 2011.
“Our team delivered another great quarter, marking EFI’s ninth consecutive quarter of double-digit revenue growth, along with record inkjet, software, and recurring revenues,” said Guy Gecht, CEO of EFI. “We are very pleased with the solid execution in our seasonally low quarter and ahead of the industry’s largest tradeshow. At drupa, we are set to unveil some amazing new technology that enables our customers to transform their businesses to target the growth areas of print and optimize their operations.”
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