Electronics for Imaging (EFII) reported first quarter non-GAAP net income of $0.33 per share after the close Thursday, up from $0.30 per share a year ago. The consensus estimate was for EPS of $0.32.
Electronics for Imaging spiked sharply to the upside in early trade Friday, but settled into a range for the majority of the session. Shares finished up by 2.04 at $26.13 on above average volume. The stock rose past the upper end of a one-month range and set a new high for the year.
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