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Stock impact report

Kornit Digital Reports First Quarter 2023 Results

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: GlobeNewswire
First quarter revenues of $47.8 million, in line with prior guidanceFirst quarter GAAP net loss of $18.9 million; non-GAAP net loss of $13.4 millionMAX upgrades drive strong quarter for ServicesDouble-digit year-over-year impressions growth from several strategic customersNew Atlas MAX Poly and Direct-to-Fabric customers added in key textile regionsSet to showcase new break-through solutions at June ITMA tradeshow in Milan, Italy ROSH-HA`AYIN, Israel, May 10, 2023 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or “the Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, reported today its results for the first quarter ended March 31, 2023. “Promising indicators emerged during the first quarter in certain parts of our business, despite the persistent macroeconomic pressures,” said Ronen Samuel, Kornit’s Chief Executive Officer. “These indicators included the double-digit year-over-year impressions gr Show less Read more
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