EFI Reports Double-Digit Revenue Increase
• For the six months ended June 30, 2011, GAAP net income was $9.9 million, compared to GAAP net loss of $(13.9) million for the same period in 2010.
“EFI again delivered a solid quarter with double-digit revenue growth in all three segments, record recurring revenues, the third consecutive quarter of double-digit operating margin, and strong cash generation,” said Guy Gecht, CEO. “Our results reflect our focus on the fastest growing segments of the printing industry, and our ability to provide business process automation that allows our customers to more efficiently run their businesses. With new innovative inkjet products beginning to ship this quarter, we believe that our Company is well positioned to maintain our growth momentum into the third quarter.”
- Companies:
- EFI