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EFI ‘s revenues are up

EFI ‘s revenues are up

EFI has announced record revenues of $228.7 million for the last quarter.

This represents an increase of 16 percent compared to the third quarter 2014 revenue of $197.7 million and, for the nine months ended 30thSeptember 2015, the company reported revenues of $626.0 million, representing an eight percent increase when compared to the $579.3 million recorded for the same period in 2014.

Commenting on the growth, Guy Gecht, CEO of EFI, said: “We have delivered another solid quarter, overcoming the negative impact from various foreign currencies and weak emerging market. I’m proud of the way our teams planned and are quickly executing on the integration of the Reggiani and Matan brands and we are particularly excited about the progress and cross selling activities, with our new Reggiani products reinforcing the tremendous opportunity for digital textile printing.”

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