EFI, a world leader in digital printing, has announced its results for the fourth quarter and full year of 2014.

For the fourth quarter, the company reported record revenue of $211.1 million, up 7% compared to its 2013 fourth quarter revenue of $197.2 million.

Non-GAAP net income was $25.1 million or $0.52 per diluted share, which included an unfavorable non-operational currency impact of $0.02 per share compared to non-GAAP net income of $23.8 million or $0.49 per diluted share for the same period in 2013. That included a favorable non-operational currency impact of $0.01 per share.

GAAP net income was $11.9 million or $0.25 per diluted share compared to $75.2 million or $1.54 per diluted share for the same period in 2013.

For the 12-month period that ended on December 31, 2014, EFI reported record revenue of $790.4 million, up 9% year-over-year compared to $727.7 million for the same period in 2013.

Non-GAAP net income was $87.1 million or $1.80 per diluted share, which included an unfavorable non-operational currency impact of $0.11 per share compared to non-GAAP net income of $76.6 million or $1.58 per diluted share for the same period in 2013. GAAP net income was $33.7 million or $0.70 per diluted share compared to $109.1 million or $2.26 per diluted share for the same period in 2013.

“Solid fourth quarter results wrapped-up another terrific year for the EFI team, delivering 9% revenue growth and a 14% increase in EPS, despite the significant negative impact of foreign exchange in the second half of the year,” says Guy Gecht, CEO of EFI. “Our ongoing focus on innovation across our entire product line-up is helping our customers around the globe win new business and boost profitability. We are getting increasingly confident in delivering on our $1 billion revenue target for 2016 while hitting the higher end of our profitability range.”