EFI profits continue to climb
Electronics for Imaging (San Mateo, CA, Nasdaq: EFII, http://www.efi.com) announces record financial results for Q1 '97. Revenue of $91 million, up from $63.6 million during Q1 '96, represents a 43% increase. Net income grew 62.2% from $12.6 million to $20.4 million in Q1 '97. According to CEO Dan Avida, the digital color printing company saw its twenty-third consecutive quarter of record revenue.