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Electronics for Imaging: 3Q Earnings Snapshot

FREMONT, Calif. (AP) _ Electronics for Imaging Inc. (EFII) on Monday reported third-quarter earnings of $1.9 million.

On a per-share basis, the Fremont, California-based company said it had net income of 4 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 50 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The digital printing company posted revenue of $257.1 million in the period.

Electronics for Imaging shares have fallen roughly 4 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $28.38, a drop of nearly 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EFII at https://www.zacks.com/ap/EFII