$EFII (Electronics for Imaging, Inc.)

$EFII {{ '2016-03-14T13:48:43+0000' | timeago}} • Announcement

Technology company $EFII said it has launched the Fiery Driven Canon imagePASS-Y1 digital front end (DFE) for the new Canon imageRUNNER ADVANCE 6500/8500 series of multifunction printers (MFPs). Key features, among others, include new variable-data capabilities and streamlined, job definition format integration.

$EFII {{ '2017-10-02T14:04:06+0000' | timeago}} • Announcement

$EFII announced the acquisition of Escada Systems, a provider of Corrugator Control systems for the packaging market. While financial terms of the acquisition were not disclosed, it is not expected to be material to $EFII's 4Q17 or full year 2017 results.

$EFII {{ '2017-09-11T14:55:38+0000' | timeago}} • Webcast

For 3Q17, $EFII forecasts Non-GAAP earnings in the range of $0.55-$0.60 per share. Overall gross margin is seen in the range of 50% to 52%. Third quarter operating cash flow is expected to be negatively impacted by a $8-$10MM one-time increase in cash-tax payment and a $3-$5MM one-time cost related to re-assessment of past financial results.

$EFII {{ '2017-09-11T14:38:27+0000' | timeago}} • Webcast

$EFII said revenues of its Inkjet and Software divisions rose 1% and 7% respectively in 2Q17, while Fiery service revenues dropped 4%. The Inkjet segment saw an 18% growth in new orders. In the Americas, revenues dropped 1%YoY, while revenues in EMEA grew 6%. For 3Q17, the company forecasts total revenues between $255MM and $260MM.

$EFII {{ '2017-09-11T14:16:02+0000' | timeago}} • Webcast

$EFII said a re-assessment of its past financial results indicated there was no material error that would necessitate restatement of any previously reported data. While the one-time cost associated with the re-assessment will be excluded from the 3Q17 non-GAAP results, its impact will reflect in cash from operations, which is based on GAAP results.

$EFII {{ '2017-09-11T13:21:11+0000' | timeago}} • Announcement

$EFII said its BoD approved a $125MM increase in share buyback authorization during 2Q17. Looking ahead, the company expects to register record revenues in 3Q17, while making progress on its new industry leading products.

$EFII {{ '2017-09-11T13:15:58+0000' | timeago}} • Announcement

Earnings of $EFII, which provides digital printing technology, fell 47% in 2Q17 as the positive impact of higher revenues was offset by a 5% rise in operating expenses. Earnings per share dropped 45% YoY to $0.06, while revenues moved up 1% to $247MM. On a non-GAAP basis, the company posted earnings of $0.54 per share, down 4% compared to 2Q16.

$EFII {{ '2017-09-06T12:31:16+0000' | timeago}} • Announcement

For 3Q17, $EFII currently anticipates revenue of $255-260MM, GAAP EPS of $0.02-0.07, and non-GAAP EPS of $0.55-0.60 which includes $0.05 negative impact from the commercialization of the new Nozomi corrugated inkjet printer in the quarter.

$EFII {{ '2017-08-24T22:28:40+0000' | timeago}} • Announcement

$EFII received a notification letter from Nasdaq as a result of the company's delay in filing its Form 10-Q for the period ending June 30, 2017, which was due August 9, 2017. The company has 60 days from the date of the notice either to file the Form 10-Q or to submit a plan to Nasdaq to regain compliance with Nasdaq's listing rules.

$EFII {{ '2017-06-13T20:54:07+0000' | timeago}} • Announcement

$EFII said its stockholders voted to re-elect all of its nominees to the BoD at its annual meeting held on June 7, 2017 at its headquarters in Fremont, California. About 91% of outstanding shares entitled to vote were represented at the meeting.

$EFII {{ '2017-05-08T20:22:33+0000' | timeago}} • Announcement

$EFII has acquired privately held CRC Information Systems, a Reynolds and Reynolds company. While financial terms of the acquisition were not disclosed, it is not expected to be material to 2Q17 or full year 2017 results.

$EFII {{ '2017-04-11T21:47:05+0000' | timeago}} • Announcement

$EFII said LPP Ltd has been appointed as a sole agent for EFI Jetrion digital label and narrow web inkjet printers in the United Kingdom and Ireland. The opportunity to sell the Jetrion product range will help end users capitalize on ever-changing market dynamics with advanced, narrow-web inkjet technologies.

$XRX {{ '2017-02-02T18:59:51+0000' | timeago}} • Announcement

$XRX and $EFII announced a strategic partnership to bring to market a next generation digital front end (DFE) to drive Xerox digital production presses. The agreement includes the sale of $XRX's FreeFlow Print Server (FFPS) DFE business to $EFII.

$EFII {{ '2016-08-29T13:35:10+0000' | timeago}} • Announcement

$EFII said it will move to a brand-new facility in Londonderry, New Hampshire, to house its US Inkjet business. The facility, which will be nearly a quarter-million square feet in size with room for additional expansion, is scheduled to be completed in early 2018, the company said.

$EFII {{ '2016-07-07T05:53:04+0000' | timeago}} • Announcement

Digital printing specialist $EFII said it has partnered with OKI Data Americas to bring to market an EFI Fiery digital front end driving OKI's C900 Series digital production color printers for the graphic arts and specialty printing markets. The Fiery C9 Server drives six models from the C900 Series Multimedia Production Platform.

$EFII {{ '2016-06-17T10:19:36+0000' | timeago}} • Announcement

While the Optitex acquisition is not expected to be material to $EFII's 2Q16 results, it is expected to contribute $4-6MM in revenue for 2H16 and be neutral to EPS in the period. Optitex CEO Asaf Landau and members of the Optitex team have joined $EFII, with Landau serving as EFI Optitex's General Manager.

$EFII {{ '2016-06-17T10:18:43+0000' | timeago}} • Announcement

Technology company $EFII said it has acquired privately-held Optitex for about $52.8MM, including a $20MM upfront cash payment and annual cash earnout payments over 3 one-year periods of up to an additional $32.8MM in total. Optitex will be integrated into $EFII's Productivity Software business unit.

$EFII {{ '2016-03-14T13:48:43+0000' | timeago}} • Announcement

Technology company $EFII said it has launched the Fiery Driven Canon imagePASS-Y1 digital front end (DFE) for the new Canon imageRUNNER ADVANCE 6500/8500 series of multifunction printers (MFPs). Key features, among others, include new variable-data capabilities and streamlined, job definition format integration.

$EFII {{ '2016-03-02T11:44:05+0000' | timeago}} • Announcement

Printing technology company $EFII said it has acquired UK-based Rialco, a dye powder and color product supplier. Rialco will operate as part of $EFII's industrial inkjet business. Financial terms of the acquisition were not disclosed, but the deal is not expected to be material to $EFII's 1Q or full-year 2016 financial results.

$EFII {{ '2016-01-12T15:29:43+0000' | timeago}} • Announcement

Technology company $EFII said it is on track for a new record at its Connect users' conference, January 18-22 at Wynn, Las Vegas with more than 200 sessions offered. Connect offers sessions on different offerings available with print workflow technologies and also has new sessions on fabric graphic display applications with EFI Reggiani technology.

$EFII {{ '2015-12-21T23:28:33+0000' | timeago}} • Announcement

$EFII said it has hired Sheri Rhodes as its CIO. Rhodes will report to Toby Weiss, SVP. Rhodes brings an extensive range of talents to the role, building on her career experience leading complex, transformational enterprise initiatives for financial, security software and information management companies throughout Silicon Valley.

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