Fremont, California-based wide-format printer manufacturer EFI announces an increase in revenue but a decrease in net income in the recent quarter compared to a year ago.         

The company said that for the first quarter of 2015, it had revenue of $194.6 million, compared with $188.7 million during the year-ago quarter.

The company’s net income fell substantially during the first quarter however: It was $5.3 million, or 11 cents per diluted share, compared with $10.1 million, or 21 cents per diluted share, a year ago.

For the recent quarter the company reported interest expenses of nearly $4.1 million, compared with just $249,000 a year ago.

President and CEO Guy Gecht says in the earnings announcement that overall, he was pleased with the company’s performance in the quarter, citing its balanced portfolio and execution.

Separately, the company named Marc Olin as its new chief financial officer. Olin had served as interim CFO twice and has been with EFI since 2003. He had been CEO of PrintCafe when that company was acquired by EFI.

EFI trades on the Nasdaq stock exchange under the ticker symbol “EFI.”