Digital innovator EFI has announced a seven per cent increase in its fourth quarter revenue over the previous year.
For the quarter ended December 31, 2014, EFI reports revenue of US$211.1m ($290m) compared to fourth quarter 2013
Guy Gecht, chief executive at EFI
revenue of US$197.2m. For year ended December 31, 2014, the company’s revenue of US$790.4m, gave it a nine per cent increase compared to the same period in 2013.
Guy Cecht, chief executive at EFI, says, “Solid fourth quarter results wrapped-up another terrific year for the EFI team, delivering nine peer cent revenue growth and a 14 per cent increase in EPS, despite the significant negative impact of foreign exchange in the second half of the year.
“Our ongoing focus on innovation across our entire product line-up is helping our customers around the globe win new business and boost profitability. We are getting increasingly confident in delivering on our US$1bn revenue target for 2016, while hitting the higher end of our profitability range.”
