Electronics for Imaging: 4Q Earnings Snapshot
FREMONT, Calif. (AP) _ Electronics for Imaging Inc. (EFII) on Wednesday reported a loss of $3.1 million in its fourth quarter.
On a per-share basis, the Fremont, California-based company said it had a loss of 7 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 46 cents per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 46 cents per share.
The digital printing company posted revenue of $256.9 million in the period.
For the year, the company reported that its loss narrowed to $971,000, or 2 cents per share. Revenue was reported as $1.02 billion.
Electronics for Imaging shares have increased slightly more than 3 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.62, a decline of 13 percent in the last 12 months.