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Increased revenues for EFI

Increased revenues for EFI

EFI recent announcement of its results for the fourth quarter of 2014, revealed that its revenue was up by seven percent, to $211.1 million, when compared with the same quarter of the previous year.

For the twelve months ended December 31st, 2014, the company reported record revenue of $790.4 million, up nine percent year-over-year compared to $727.7 million for the same period in 2013.

Guy Gecht, CEO of EFI reported:  “Solid fourth quarter results wrapped-up another terrific year for the EFI team, delivering nine percent revenue growth and a 14 percent increase in EPS, despite the significant negative impact of foreign exchange in the second half of the year.”

He added: “Our ongoing focus on innovation across our entire product line-up is helping our customers around the globe win new business and boost profitability. We are becoming increasingly confident that we will be able to deliver on our $1 billion revenue target for 2016 while hitting the higher end of our profitability range.”

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