This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Electronics For Imaging CEO Discusses Q4 2011 Results - Earnings Call Transcript

In addition, reference will be made to non-GAAP financial measures. Information regarding the reconciliation of the non-GAAP and GAAP measures can be found in the press release that was issued this afternoon on our website on the IR section at There are also slides available there that corresponds to today’s comments.

I’ll now turn the call over to Guy Gecht. Guy?

Guy Gecht

Thank you, JoAnn. Good afternoon everyone and thank you for joining us today. At the $163 million Q4 represents the highest quarterly revenue EFI has ever recorded and our eight consecutive quarter of greater than double-digits growth. Perhaps this number is most meaningful, because we have continued this core play as we move fast to easy compared quarters when the industry was just beginning to recover from the recession. And despite concerns about the softening economy we delivered 12% top line growth in the quarter, but it's not just the top line.

In the fourth quarter we saw about 48% increase in operating income and 29% increase in non-GAAP EPS despite the negative currency impact. So, we are not just generating more revenue we are dropping more and more away to the bottom line.

We are particularly excited about the record Inkjet and APPS revenue, delivering record revenue in the softer and the inkjet part of our business highlight the progress we have achieved in balancing the revenue drivers of the company. And while Fiery segment had a challenging compared to the prior year as Q4 2010 included the initial revenues from product launches by a number of our partners and perhaps more favorable macro conditions a year ago. We were able to see modest growth in the segment and expect normal seasonality in Q1. This relative stability would not have been possible if it wasn’t for the disciplined approach we implemented to carefully monitor our partner’s inventory levels and adjust for changes based on those results.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs