Electronics For Imaging Inc. (EFII) reported that its fourth-quarter net loss narrowed to $3.41 million or $0.07 per share from $104.51 million or $2.03 per share last year.
Non-GAAP net income decreased to $2.34 million or $0.05 per share from $6.72 million or $0.13 per share a year ago.
On average, 4 analysts polled by Thomson Reuters expected the company to report profit of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue decreased to $113.998 million from $135.264 million a year ago. Analysts expected revenue of $109.07 million for the quarter.
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