Electronics For Imaging Q2 revenue

USA: Electronics For Imaging (EFI) Inc. has disclosed its financial results for the second quarter ended June 30, 2017. During the quarter under review, the company reported an increase of 1 per cent in its revenue to US $ 247.0 million against US $ 245.7 million during the same quarter of 2016.

GAAP net income, however, declined by 47 per cent for the technology provider from US $ 5.2 million in the corresponding period last year to US $ 2.8 million in the second quarter of this year. The company’s revenue for the first six months of the current fiscal ended June 30 also dropped by 1 per cent year-over-year compared to US $ 479.8 million for the same period in 2016 to US $ 475.7 million in the second quarter of 2017.