EFI Announced Its 2010 Fourth Quarter Results
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Non-GAAP net income was $27.8 million or $0.59 per diluted share for the twelve months ended Dec. 31, compared to non-GAAP net loss of $(10.7) million or $(0.22) per diluted share for the same period in 2009.
"EFI finished 2010 with an exceptionally strong quarter across the board. We delivered 27% revenue growth and generated more earnings and cash from operations than we have produced in any quarter since 2007," said Guy Gecht, CEO of EFI. "Capping a very strong year for EFI, the fourth quarter results are further evidence that our strategy positioning the Company in the highest growth segments of digital printing is working. We look for this solid execution and momentum to continue into 2011."
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