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EFI defies industry gloom with seven percent revenue rise
Apr 24 2013 09:53:35 , 1031

EFI has reported 'record' revenue for the first quarter of 2013, with its financial results showing a rise of seven percent compared to the same quarter in 2012. The figures show revenue of $171.4 million (£112.5 million; €131.5 million), up from $160.1 million (£105.1 million; €122.8 million).

"The EFI team delivered a great first quarter with revenue growth above our expectations, a solid increase in profitability, and very strong cash generation," said Guy Gecht, chief executive of EFI, adding that he expected 'breakthrough products' and global sales opportunities to continue to drive 'robust demand'.