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Electronics for Imaging Inc (EFII.OQ)

EFII.OQ on NASDAQ Stock Exchange Global Select Market

36.98USD
19 Jul 2019
Change (% chg)

$-0.02 (-0.05%)
Prev Close
$37.00
Open
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$36.97
Volume
197,878
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189,594
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$38.32
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Latest Key Developments (Source: Significant Developments)

Electronics For Imaging Says Deal With Siris Has Termination Fee Of $59.2 Mln
Monday, 15 Apr 2019 

April 15 (Reuters) - Electronics for Imaging Inc ::ELECTRONICS FOR IMAGING INC - DEAL WITH SIRIS FUNDS HAS A TERMINATION FEE OF $59.2 MILLION - SEC FILING.ELECTRONICS FOR IMAGING - AFFILIATES OF SIRIS FUNDS WILL NEED TO PAY CO REVERSE TERMINATION FEE EQUAL TO $109.9 MILLION UNDER CERTAIN CIRCUMSTANCES.  Full Article

Efi Announces Definitive Agreement To Be Acquired By An Affiliate Of Siris Capital Group Llc
Monday, 15 Apr 2019 

April 15 (Reuters) - Electronics for Imaging Inc ::EFI ANNOUNCES DEFINITIVE AGREEMENT TO BE ACQUIRED BY AN AFFILIATE OF SIRIS CAPITAL GROUP, LLC IN ALL CASH TRANSACTION VALUED AT APPROXIMATELY $1.7 BILLION.EFI SHAREHOLDERS TO RECEIVE $37.00 PER SHARE AND ACQUISITION EXPECTED TO CLOSE BY Q3 2019.ANNOUNCES PRELIMINARY Q1 2019 REVENUE RESULTS OF $220-$225 MILLION.MAY SOLICIT ALTERNATIVE ACQUISITION PROPOSALS FROM THIRD PARTIES DURING A "GO-SHOP" PERIOD OVER NEXT 45 CALENDAR DAYS.WILL HAVE RIGHT TO TERMINATE AGREEMENT TO ENTER INTO A SUPERIOR PROPOSAL SUBJECT TO TERMS AND CONDITIONS OF AGREEMENT.BOARD OF DIRECTORS HAS UNANIMOUSLY RECOMMENDED THAT ITS SHAREHOLDERS ADOPT AGREEMENT WITH SIRIS..CURRENTLY EXPECTS Q1 2019 REVENUE TO BE BETWEEN $220 MILLION AND $225 MILLION..Q1 REVENUE VIEW $220.4 MILLION -- REFINITIV IBES DATA.EQUITY FINANCING FOR DEAL WILL BE PROVIDED BY INVESTMENT FUNDS AFFILIATED WITH SIRIS.SIRIS SECURED COMMITTED DEBT FINANCING FOR TRANSACTIO.AN AFFILIATE OF SIRIS WILL ACQUIRE ALL OUTSTANDING COMMON STOCK OF EFI FOR $37.00 PER SHARE IN CASH.  Full Article

Electronics For Imaging Reports Q4 Non-GAAP EPS Of $0.46
Thursday, 31 Jan 2019 

Jan 30 (Reuters) - Electronics for Imaging Inc ::EFI REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 REVENUE $256.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $256.1 MILLION.QUARTERLY LOSS PER SHARE $0.07.QUARTERLY NON-GAAP EARNINGS PER SHARE $0.46.  Full Article

Electronics For Imaging Sees Q4 Non-Gaap Earnings Per Share $0.45 TO $0.47
Wednesday, 16 Jan 2019 

Jan 15 (Reuters) - Electronics for Imaging Inc ::EFI ANNOUNCES PRELIMINARY RESULTS FOR FOURTH QUARTER 2018.SEES FY 2019 NOZOMI REVENUE $120 MILLION.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $0.45 TO $0.47.SEES Q4 2018 REVENUE $255 MILLION TO $257 MILLION.CASH FLOW FROM OPERATING ACTIVITIES IS EXPECTED TO BE $30 MILLION TO $33 MILLION FOR QUARTER.‍Q4 RESULTS WERE IMPACTED BY WEAKENING ECONOMIC CONDITIONS EXPERIENCED ACROSS ITS DIRECT BUSINESSES.MAJORITY OF REVENUE SHORTFALL WAS IN ITS INDUSTRIAL INKJET BUSINESS IN QUARTER.DISPLAY GRAPHICS AND BUILDING MATERIALS, WHICH WERE EXPECTED TO BE WEAK IN QUARTER, WERE DOWN MORE SIGNIFICANTLY THAN ANTICIPATED.SEES Q4 2018 GAAP LOSS PER SHARE $0.18 - $0.08.IN BUILDING MATERIALS, REVENUE SHORTFALL IN QUARTER WAS PRIMARILY IN CHINA ALONG WITH OTHER DEVELOPING ECONOMIES.Q4 EARNINGS PER SHARE VIEW $0.60, REVENUE VIEW $280.7 MILLION -- REFINITIV IBES DATA.  Full Article

Electronics For Imaging Inc - On January 2 Entered Into A Credit Agreement
Wednesday, 9 Jan 2019 

Jan 8 (Reuters) - Electronics for Imaging Inc ::ELECTRONICS FOR IMAGING INC SAYS ON JANUARY 2 ENTERED INTO A CREDIT AGREEMENT - SEC FILING.ELECTRONICS FOR IMAGING INC - CREDIT AGREEMENT PROVIDES FOR REVOLVING COMMITMENTS OF UP TO US$150.0 MILLION.ELECTRONICS FOR IMAGING INC - CREDIT AGREEMENT PROVIDES FOR REVOLVING COMMITMENTS WITH INTENDED TERM OF FIVE YEARS.ELECTRONICS FOR IMAGING - CREDIT AGREEMENT CONTAINS FEATURE PERMITTING CO TO ARRANGE ADDITIONAL REVOLVING COMMITMENTS/TERM LOANS FOR UP TO $50.0 MILLION.  Full Article

Electronics For Imaging prices offering of $135 million convertible senior notes due 2023
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Electronics for Imaging Inc ::ELECTRONICS FOR IMAGING, INC. PRICES OFFERING OF $135 MILLION CONVERTIBLE SENIOR NOTES DUE 2023.ELECTRONICS FOR IMAGING INC - ANNOUNCED OFFERING OF $135.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 2.25% CONVERTIBLE SENIOR NOTES DUE 2023.ELECTRONICS FOR IMAGING INC - SALE OF NOTES IS EXPECTED TO CLOSE ON NOV 30, 2018.  Full Article

Electronics For Imaging Proposes Offering Of $130 Mln Convertible Senior Notes Due 2023
Tuesday, 27 Nov 2018 

Nov 26 (Reuters) - Electronics for Imaging Inc ::ELECTRONICS FOR IMAGING, INC. PROPOSES OFFERING OF $130 MILLION CONVERTIBLE SENIOR NOTES DUE 2023.ELECTRONICS FOR IMAGING INC - NOTES WILL PAY INTEREST SEMI-ANNUALLY IN ARREARS ON MAY 15 AND NOVEMBER 15 OF EACH YEAR, BEGINNING ON MAY 15, 2019..ELECTRONICS FOR IMAGING INC - NOTES WILL MATURE ON NOVEMBER 15, 2023.ELECTRONICS FOR IMAGING - EXPECTS TO USE UP TO $48.0 MILLION OF PROCEEDS OF OFFERING TO REPURCHASE SHARES OF ITS COMMON STOCK FROM PURCHASERS OF NOTES.  Full Article

EFI Qtrly Earnings Per Share $0.04
Tuesday, 30 Oct 2018 

Oct 29 (Reuters) - Electronics for Imaging Inc ::EFI REPORTS RECORD THIRD QUARTER REVENUE FOR 2018.Q3 REVENUE $257.1 MILLION VERSUS I/B/E/S VIEW $263.3 MILLION.QTRLY EARNINGS PER SHARE $0.04.QTRLY ADJUSTED EARNINGS PER SHARE $0.50.  Full Article

EFI Appoints Bill Muir As New CEO
Friday, 5 Oct 2018 

Oct 4 (Reuters) - Electronics for Imaging Inc ::EFI APPOINTS BILL MUIR AS NEW CEO.ELECTRONICS FOR IMAGING INC - MUIR WAS MOST RECENTLY CHIEF OPERATING OFFICER OF JABIL.ELECTRONICS FOR IMAGING INC - MUIR SUCCEEDS GUY GECHT.ELECTRONICS FOR IMAGING INC - MUIR'S APPOINTMENT IS EFFECTIVE OCTOBER 15, 2018, WHEN HE WILL ALSO JOIN BOARD OF DIRECTORS.ELECTRONICS FOR IMAGING INC - GECHT WILL REMAIN A MEMBER OF BOARD OF DIRECTORS AND WILL BE AN ADVISOR TO CEO.  Full Article

EFI CEO Informed Board He Intends To Step Down
Tuesday, 31 Jul 2018 

July 30 (Reuters) - Electronics for Imaging Inc ::EFI CEO INFORMED BOARD HE INTENDS TO STEP DOWN.ELECTRONICS FOR IMAGING INC - SEARCH PROCESS FOR CEO UNDERWAY.ELECTRONICS FOR IMAGING - GUY GECHT, HAS INFORMED CO THAT HE INTENDS TO STEP DOWN FROM HIS OPERATING ROLE AT COMPANY WHEN HIS SUCCESSOR IS NAMED.ELECTRONICS FOR IMAGING INC - GECHT WILL CONTINUE TO SERVE AS CEO UNTIL HIS REPLACEMENT IS NAMED.  Full Article

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