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KRNT News and Press, Kornit Digital Ltd. From 06/08/23

Stock Information

Company Name: Kornit Digital Ltd.
Stock Symbol: KRNT
Market: NASDAQ
Website: kornit.com

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KRNT - Fashion and Textile Industries Set to Witness Major Turning Point at ITMA 2023 as Digital Production Goes Mainstream with Kornit Digital

Textile supply chain transformation requires implementation of onshore and nearshore on-demand digital production models, at scale Kornit Digital unveils industry-changing technology and operating solutions, addressing requirements for speed to market, margin expansion, and agile inve...

KRNT - Kornit Digital: Inflection Point Likely Still Several Quarters In The Future - Hold

2023-06-04 07:31:58 ET Summary Last month, Kornit Digital reported weak Q1/2023 results, with revenues down by over 40% year-over-year as system sales remain impacted by challenging macroeconomic conditions. The company commenced buybacks under its recently announced up to $75 mil...

KRNT - Kornit Digital to Participate in William Blair 43rd Annual Growth Stock Conference

ROSH-HA`AYIN, Israel, May 30, 2023 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or “the Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashion X and textile production technologies, announced today that Ronen Samuel, Kor...

KRNT - Kornit Digital to Participate in 20th Annual Craig-Hallum Institutional Investor Conference

ROSH-HA`AYIN, Israel, May 22, 2023 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or “the Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashion X and textile production technologies, announced today that the Company will ...

KRNT - Kornit Digital Ltd. (KRNT) Q1 2023 Earnings Call Transcript

2023-05-10 15:08:07 ET Kornit Digital Ltd. (KRNT) Q1 2023 Earnings Conference Call May 10, 2023 08:30 AM ET Company Participants Andrew G. Backman - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Lauri Hanover - Chief Financial Officer ...

KRNT - Kornit Digital Non-GAAP EPS of -$0.27, revenue of $47.8M

2023-05-10 07:07:01 ET Kornit Digital press release ( NASDAQ: KRNT ): Q1 Non-GAAP EPS of -$0.27. Revenue of $47.8M (-47.6% Y/Y). For the second quarter of 2023, the Company expects revenues to be in the range of $54 million to $59 million and adjusted EBITDA margin bet...

KRNT - Kornit Digital Reports First Quarter 2023 Results

First quarter revenues of $47.8 million, in line with prior guidance First quarter GAAP net loss of $18.9 million; non-GAAP net loss of $13.4 million MAX upgrades drive strong quarter for Services Double-digit year-over-year impressions growth from several strategic customers New ...

KRNT - Kornit Digital Q1 2023 Earnings Preview

2023-05-09 13:12:44 ET Kornit Digital ( NASDAQ: KRNT ) is scheduled to announce Q1 earnings results on Wednesday, May 10th, before market open. The consensus EPS Estimate is -$0.28 (-275.0% Y/Y) and the consensus Revenue Estimate is $48.95M (-46.4% Y/Y). Over the last ...

KRNT - Liberty Park Capital Q1 2023 Letter To Partners

2023-05-04 00:30:00 ET Summary Liberty Park Capital Management provides investors with extraordinary returns by exploiting niche sectors that are underfollowed, misunderstood and mispriced. Liberty Park Capital manages two fundamental smaller-cap equity strategies: low-net and long-bi...

KRNT - Kornit Digital: No Near-Term Catalysts But Upgrading To 'Hold' On Bargain Valuation

2023-03-21 20:43:58 ET Summary Last month, the company reported mediocre fourth quarter results and provided a cautious outlook for 2023. With key system sales expected to remain weak, overall revenue is likely to be down for the second year in a row. While management has impl...

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