Electronics for Imaging (EFII) Reports In-Line Q1 EPS
Electronics for Imaging (NASDAQ: EFII) reported Q1 EPS of $0.55, in-line with the analyst estimate of $0.55. Revenue for the quarter came in at $228.7 million versus the consensus estimate of $239.22 million.
"We are pleased that our financial discipline allowed EFI to achieve the midpoint of our non-GAAP EPS outlook despite a slow start to the year," said Guy Gecht, CEO of EFI. "To address the challenges we faced in Q1 we are taking steps to better execute on our pipeline, while further leveraging the solid growth in the textile printing business, the start of the Nozomi beta rollout and our new product introductions in the back half of the year."
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