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Stock impact report

Kornit scales 19% on Q3 guidance and upbeat Q2, authorized $75M buyback [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
Kornit scales 19% on Q3 guidance and upbeat Q2, authorized $75M buybackAug. 10, 2022 3:44 PM ETKRNTBy:Manshi MamtoraCFAKornit (stock surges 19% on Wednesday due to Q2 beatbeating consensus by $0.14MGAAP operating loss of $24.9 million; Non-GAAP operating loss of $18.3 million, net of $4.5 million attributed to the non-cash impact ofwarrantsNon-GAAP EPS of -$0.31beats consensus by $0.02Board of Directors approves $75M share repurchase programIndustry veteran Lauri Hanover to join Kornit executive management team as CFO; since March 2015, Ms. Hanover has served as a member of the Companyâ??s Board of Directors.Company expects revenue to be in the range of $66M-70M (vs. consensus $68.75MCompany has aQuant rating of Strong SellSA warns that the stock is at ahigh risk of performing badlyContributor rating of sell with commentary: 'Kornit Digital: Total Disaster - Sell Show less Read more
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