EFI reports record Q3 revenue of $246 million – up 7%

efiq3a-inElectronics For Imaging (EFI), a world leader in customer-focused digital printing innovations, has announced its results for the third quarter of 2016. For the quarter ended September 30, 2016, the company reported record third-quarter revenue of $245.6 million, up 7% compared to third quarter revenue in 2015 of $228.7 million. For the nine months ended September 30, 2016, EFI reported revenue of $725.4 million, up 16% year-over-year compared to $626 million for the same period in 2015.

EFI CEO Guy Gecht.
EFI CEO Guy Gecht.

“Our balanced business model was again the story in the third quarter,” said Guy Gecht, CEO of EFI. “We’re delighted with the strong organic growth in our Industrial Inkjet and Productivity Software segments, coupled with a rebound in cash from operations. We’re entering the home stretch of 2016 with a robust pipeline of opportunities to partner with customers around the world in transforming and growing their businesses.”

Tony Curcio
Tony Curcio is the news editor at Graphic Arts Magazine.

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