Electronics For Imaging shares rally on accounting update

Electronics For Imaging Inc. shares rallied in the extended session Tuesday after the digital imaging company said it does not expect an accounting review to require a restatement of its previous results. Electronics For Imaging shares rose 8.3% to $38.20 after hours. The company said it expects third-quarter adjusted earnings of 55 cents to 60 cents a share on revenue of $255 million to $260 million. Analysts surveyed by FactSet expect earnings of 63 cents a share on revenue of $261.2 million. Shares of Electronics For Imaging tumbled earlier after the company said it was reviewing its accounting practices.

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