The brand-new, next-generation, single-pass EFI™ Reggiani BOLT textile digital printer from Electronics For Imaging, Inc. made its debut this week during an open house event at the EFI Reggiani facility in Bergamo, Italy. The advanced, ultra-high-speed digital single-pass printer has the potential to revolutionize the textile printing market, providing users with high uptime and reliability, outstanding performance, superior printing uniformity and accuracy, long printhead life and minimal maintenance needs. The EFI Reggiani open house has created huge interest in global textile market opportunities, with nearly 300 customers and journalists attending to see the new BOLT in action. “The innovative development of our new single-pass printer comes from Reggiani’s speed of innovation in digital textile printing, its 70 years of history, and our proprietary knowledge of high-volume analog rotary printing,” said EFI Reggiani Vice President and General Manager Adele Genoni. Click read more below for additional detail.
Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced its results for the quarter and year ended December 31, 2015.
For the quarter ended December 31, 2015, the Company reported record revenue of $256.5 million, up 22% compared to fourth quarter 2014 revenue of $211.1 million. Non-GAAP net income was $29.4 million or $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 $25.1 million or $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 $10.3 million or $0.21 per diluted share, compared to $11.9 million or $0.25 per diluted share for the same period in 2014.
For the year ended December 31, 2015, the Company reported revenue of $882.5 million, up 12% year-over-year compared to $790.4 million for the same period in 2014. Non-GAAP net income was $97.9 million or $2.03 per diluted share, compared to non-GAAP net income of $87.1 million or $1.80 per diluted share for the same period in 2014. GAAP net income was $33.5 million or $0.70 per diluted share, compared to $33.7 million or $0.70 per diluted share for the same period in 2014.
“Our team capped another strong year for EFI by delivering an outstanding quarter despite the continued macro headwinds we have had to overcome all year,” said Guy Gecht, CEO of EFI. “As we begin 2016, we remain deeply committed to developing innovative technology to make our customers more competitive and productive.”