Key Developments: Electronics For Imaging Inc (EFII.O)
26.01USD
21 May 2013
$0.07 (+0.27%)
$26.21
$25.75
$26.12
$25.55
348,138
244,131
$27.65
$13.95
Latest Key Developments (Source: Significant Developments)
Electronics For Imaging Inc Issues Q2 2013 Guidance; Revenue Guidance Above Analysts' Estimates-Conference Call
Electronics For Imaging Inc announced that it started second quarter 2013 with a great momentum, sales pipeline is robust. With that in mind, it expects revenue of $174 million to $176 million, which at the midpoint would be an all-time record for EFI, with EPS growth of 15% to 20%, yielding about $0.34 per share to $0.36 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $173 million and EPS of $0.34 for second quarter of 2013. Full Article
Electronics For Imaging Inc Issues Q1 2013 Guidance In Line With Analysts' Estimates-Conference Call
Electronics For Imaging Inc announced that for first quarter of 2013, it expects revenues of $163 million to $167 million, with earnings per share (EPS) of $0.30 to $0.32 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $164 million and EPS of $0.30 for first quarter of 2013. Full Article
Electronics For Imaging Inc Issues Q4 2012 Guidance In Line With Analysts' Estimates-Conference Call
Electronics For Imaging Inc announced that for fourth quarter of 2012, it expects revenues to be in the range of $165-$170 million and non-GAAP earnings per share (EPS) to be approximately $0.34-$0.36. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $170 million and EPS of $0.35 for fourth quarter of 2012. Full Article
Electronics For Imaging Inc Announces Acquisition Of Online Print Solutions
Electronics For Imaging Inc announced that it has acquired Online Print Solutions (OPS), an innovator in the areas of web-to-print, dynamic publishing and cross-media marketing solutions. OPS brings a decade of experience developing and deploying applications developed specifically to manage the unique needs of corporate storefronts, retail sites and online design to variable data and cross-media solutions. Its customers include many commercial printers throughout North America, Europe and Asia. While financial terms of the acquisition were not disclosed, the transaction is not expected to be material to EFI's 2012 results. Terms of the transaction were not disclosed . Full Article
Electronics For Imaging Inc Announces $100 Million Share Repurchase Program
Electronics For Imaging Inc announced that its Board of Directors has approved the repurchase of up to $100 million of the Company's outstanding shares of common stock. The Company will enter into a trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate the repurchases in accordance with certain price, volume and timing conditions. While the share repurchase authorization expires in 18 months, the Company expects to complete the repurchases by the end of 2013. EFI will fund the program using a portion of the proceeds from the pending sale of the Company's headquarters and cash on hand. EFI previously announced on July 19 that it entered into a real estate asset sale agreement with Gilead Sciences, Inc., to sell Foster City facility for $180 million. The transaction is expected to close in October 2012. Full Article
Electronics For Imaging, Inc. Issues Q3 2012 Guidance Below Analysts' Estimates-Conference Call
Electronics For Imaging, Inc. announced that for third quarter of 2012, it expects revenue to be in the range of $150-$155 million and non-GAAP earnings per share (EPS) to be in the range of $0.25-$0.27. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $166 million and EPS of $0.32 for third quarter of 2012. Full Article
Electronics For Imaging, Inc. Announces Sale Agreement With Gilead Sciences
Electronics For Imaging, Inc. announced that it has reached an agreement to sell its headquarters building in Foster City, California for $180 million to Gilead Sciences, Inc. (Gilead). The transaction is expected to close in October 2012, subject to various closing conditions. The Company will continue to occupy the building for up to 12 months after the closing, and expects to relocate its Foster City operations to a new San Francisco Bay Area location. Full Article
Electronics For Imaging, Inc. Announces Appointment Of President-Form 8-K
Electronics For Imaging, Inc. reported in its Form 8-K that Fred Rosenzweig retired from his position as President of Electronics For Imaging, Inc. effective as of December 31, 2011. On May 11, 2012, the Board of Directors of the Company appointed Guy Gecht, the Company’s Chief Executive Officer (CEO), as its President, effective immediately. Full Article
Electronics For Imaging, Inc. Issues Q2 2012 Revenue Guidance In Line With Analysts' Estimates
Electronics For Imaging, Inc. announced that for the second quarter of 2012, it is expecting approximately 15% year over year revenue growth. The Company reported revenue of $141.16 million for the second quarter of 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $158.08 million for the first quarter of 2012. Full Article
Electronics For Imaging, Inc. Issues Q1 2012 Revenue Above Analysts' Estimates
Electronics For Imaging, Inc. announced that for the first quarter of 2012, it is expecting approximately 10% year-over-year revenue growth. The Company reported revenue of $140.05 million for the first quarter of 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $149.70 million for the first quarter of 2012. Full Article
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