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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Electronics For Imaging's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Before reviewing each segment business segment in more detail, I wanted to quickly highlight the completion of a very successful Connect User Conference. Our 13th Annual Conference held in Las Vegas drew about 1200 attendees and featured more than a 160 educational sessions, user groups and demos of the latest EFI products. During the conference, we briefed you new products that could be formally introduced at drupa next month including One; the cloud-based Fiery Dashboard which enables shop owners to analyze their digital print operations and make better business decisions; Two, the new VUTEk HS100 a digital press targeted towards superwide screenprinting that is twice as fast as our current GS printer and better quality than anything currently available in the market and Three; Orion, our new inkjet printer operating system which will be available as an upgrade to all of our current GS customers.

Of course we have not yet announced all of the new innovations. So stay tuned for more exciting announcement in the next couple of weeks. Now turning to our business segments. Starting with Industrial Inkjet which delivered a very strong quarter at $75 million posting outstanding growth at 47% and again exceeding our expectations with solid double-digit organic growth in all of our inkjet product lines. Perhaps the most encouraging data point is the 41% growth in UV ink volume. Our customers are clearly capitalizing on the growing opportunity for digital printing, for [platform] advertising and packaging applications.

I can tell you first hand that I have met many customers around the globe in the past few months who tell me they are enjoying a very strong business environment. If I had to pick just one example, it will be [Marcos Sapia] the owner of a great company called [Outfix] in São Paulo Brazil. Marcos told me when I visited him in early March that he simply can't wait for drupa to get his second VUTEk GS. His first VUTEk GS unit is working literally 24/7 and he's turning business away because of capacity constraints.

Read the rest of this transcript for free on seekingalpha.com

Stock quotes in this article: EFII 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs