EFI has reported a halving in quarter-on-quarter revenues, citing a delay in commercial availability of its new hybrid printer for the weaker results.

Revenues for the second quarter ending 30 June 2009 came in at $90m, compared with $186m in 2008, producing a GAAP net loss of $13.3m.

EFI chief executive Guy Gecht said that the main disappointment for the quarter was the delay in shipping its Vutek GS 3200. Despite strong initial orders, the state-of-the-art technology involved meant delays to the final calibration of some units of the $600,000 printer.

“It is difficult to predict when this printer will be finalised for broad shipment and revenue recognition,” said Gecht.

“While we are hoping it is a matter of a few weeks, at this point we will not take the risk of providing a specific date.”

Gecht added that the inkjet business improved sequentially both in revenues and margin. He said the company planned to add six new Vutek products to its roster.