EFI reports record revenue for Q4

According to a press release, for the quarter ended December 31, 2015, EFI reported record revenue of US-$ 256.5 million, up 22% compared to fourth quarter 2014 revenue of US-$ 211.1 million. Non-GAAP net income was US-$ 29.4 million or US-$ 0.61 per diluted share, which was reduced by 3 cents due to balance sheet currency translation impact, compared to non-GAAP net income of US-$ 25.1 million or US-$ 0.52 per diluted share for the same period in 2014, which was reduced by 2 cents due to balance sheet currency translation impact. GAAP net income was US-$ 10.3 million or US-$ 0.21 per diluted share, compared to US-$ 11.9 million or US-$ 0.25 per diluted share for the same period in 2014. 

 

For the year ended December 31, 2015, the company reported revenue of US-$ 882.5 million, up 12% year-over-year compared to US-$ 790.4 million for the same period in 2014. Non-GAAP net income was US-$ 97.9 million or US-$ 2.03 per diluted share, compared to non-GAAP net income of US-$ 87.1 million or US-$ 1.80 per diluted share for the same period in 2014. GAAP net income was US-$ 33.5 million or US-$ 0.70 per diluted share, compared to US-$ 33.7 million or US-$ 0.70 per diluted share for the same period in 2014.