Kornit Digital (KRNT) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this digital textile printer would post a loss of $0.01 per share when it actually produced earnings of $0.02, delivering a surprise of 300%.Over the last four quarters, the c ...

Exhibit 99.1 Investor Contact: Jared Maymon Global Head of Investor Relations & Strategic Finance Jared.Maymon@Kornit.com Kornit Digital Reports Third Quarter 2024 Results ● Third quarter revenues of $50.7 million, in line with previous guidance ● Third quarter GAAP net loss of $0.9 million; non-GAAP net income of $5.5 million ● Continued positive cash generation from operations ● Significant year-over-year improvement in non-GAAP gross margin and return to adjusted EBITDA profitability ● Industry-leading p ...

Third quarter revenues of $50.7 million, in line with previous guidanceThird quarter GAAP net loss of $0.9 million; non-GAAP net income of $5.5 millionContinued positive cash generation from operationsSignificant year-over-year improvement in non-GAAP gross margin and return to adjusted EBITDA profitabilityIndustry-leading platforms, Apollo and Atlas MAX, continue to gain adoption among screen-replacement customers, driven by the new AIC model ROSH-HA`AYIN, Israel, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kornit D ...

ROSH-HA`AYIN, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand digital fashion and textile production technologies, announced today that it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, November 6 at 8:30 a ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Kornit Digital (KRNT) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Kornit Digital is one of 212 individual stocks in the Industrial Products sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sect ...

T-Shirt & Sons (TSS) expands its digital production capabilities by adding the Kornit Apollo platform alongside existing Atlas MAX systems With this expansion, company set to streamline operations and increase production capacity by several million impressions annually ROSH-HA'AYIN, Israel, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) ("Kornit" or the "Company"), a global leader in sustainable, on-demand digital fashion and textile production technologies, announced today that T-Shir ...

Apparel producer servicing major online retailers further drives analog to digital transformation with adoption of the Kornit Apollo automated, direct-to-garment platform Expanded use of Kornit MAX technology solidifies Hybrid Digital's commitment to high quality digital production, while fulfilling the rapid time-to-market needs of its selling partners ROSH-HA`AYIN, Israel, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) ("Kornit" or the "Company"), a worldwide market leader in sustain ...

Kornit Digital Ltd. (KRNT) shares ended the last trading session 5% higher at $26.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 34.6% gain over the past four weeks. Kornit Digital's rally is primarily driven by optimism regarding Monster Digital's plans to expand its digital production. Monster Digital will be adding 10 Kornit Apollo systems in 2025, highlighting a major shift from traditional screen printing ...

On demand manufacturer serves the world's largest global brands, retailers and e-commerce platforms Operates three locations, nearshore and onshore, running 24/7, promoting new product delivery and replenishments anywhere in the US within 1-3 days after receiving an order Significant investment in Kornit Apollo fleet is a continued step in company's digital transformation, shifting millions of bulk production impressions from screen to digital ROSH-HA`AYIN, Israel, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kornit ...

On-demand, medium-runs production enables company to deliver custom apparel for large sports organizations while seamlessly switching designed team logos, names, and numbers Second purchase of Kornit's Atlas MAX POLY allows DO Apparel to leverage a faster, cost-effective solution for digital production of sportswear and teamwear – more effectively than screen printing ROSH-HA`AYIN, Israel, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) ("Kornit" or the "Company"), a worldwide market l ...