Electronics for Imaging (EFII: Quote) reported fourth quarter non-GAAP net income of $0.42 per share after the bell Thursday, compared to $0.36 per share a year ago. The consensus estimate was for EPS of $0.36. Revenues were $171.4 million, up 7% from $163.1 million last year. The consensus estimate was for revenues of $168.63 million.
Electronics for Imaging gapped up Friday and rose sharply during the first half hour of trade, before settling into a range. Shares finished with a gain of 2.69 at $22.61 on above average volume. The stock surged past the upper end of a 2-week range and set a new high for the year.
Click here to receive FREE breaking news email alerts for Electronics For Imaging Inc and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com