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Stock impact report

Kornit Digital: Lacking Demand And Margins [Seeking Alpha]

Kornit Digital Ltd. - Ordinary Shares (KRNT) 
Last kornit digital ltd. - ordinary shares earnings: 2/11 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.kornit.com
Company Research Source: Seeking Alpha
The company focuses on digital printing solutions for the textile industry, but its net margins need improvement. Revenues have been declining, particularly in system sales, but there is potential for growth in emerging markets like Asia Pacific. Investment Summary The share price right now sits far below the top Kornit Digital ( NASDAQ: KRNT ) had back in 2021 reaching above $160. The company has seen revenues fall but has maintained a decent balance sheet through the last couple of years and that seems to have cushioned them a little at least. However, without any significant margin improvement or being close to profitability, the company extrudes too much risk right now to make for a buy. The company is included in the industrials sector where it mostly focuses on designing and marketing digital printing solutions for various end markets in the textile industry on an international scale. The fallout of demand seems to have pushed the valuation down and the hype around the Show less Read more
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