EFI reports record second quarter revenue

For the quarter ended June 30, 2016, EFI has reported a record second quarter revenue of $245.7 million, up 21% compared to second quarter 2015 revenue of $202.7 million. For the six months ended June 30, 2016, the company reported revenue of $479.8 million, up 21% year-over-year compared to $397.3 million for the same period in 2015.

“The EFI team delivered a solid quarter despite the disruption caused by global events during the last week of the quarter,” said Guy Gecht, CEO of EFI. “At the same time, EFI’s market position at the drupa tradeshow validated both our strategy and product roadmap, and we’re particularly encouraged by the exceptional reception to our new Nozomi platform. The drupa momentum is feeding into the strength we are seeing in the Industrial Inkjet and Productivity Software segments which keep us on track to deliver our stated goal of $1 billion in revenues for the year.”