Shifts significant volume from traditional screen to high-quality, sustainable on-demand digital production – unleashing creativity and delivering designs without compromise Kornit MAX technology powers premium-quality apparel with exceptional agility, allowing Custom Ink to offer a world-class custom apparel and swag experience LAS VEGAS, Sept. 10, 2024 (GLOBE NEWSWIRE) -- PRINTING UNITED EXPO 2024 – Kornit Digital LTD. (NASDAQ: KRNT) ("Kornit" or the "Company"), a worldwide market leader in sustainable, o ...

ROSH-HA`AYIN, Israel, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies, today announced that its Board of Directors has authorized a program to repurchase up to $100 million of the Company's ordinary shares as part of its capital allocation strategy. This repurchase program, in addition to the $65 million of aggregate share repurchases executed by the Com ...

The shift from analog to on-demand digital production is accelerating, evidenced by a growing number of screen printers adopting Kornit Apollo and other Kornit MAX-powered platforms The All-Inclusive Click (AIC) model moves beyond its pilot phase, providing predictable costs, lowering barriers to entry, and unlocking a significant incremental market opportunity Management's long-term financial targets include double-digit revenue growth, meaningful recurring revenue contribution from the AIC model, and stro ...

sergeyryzhov Note: l have covered Kornit Digital Ltd. or "Kornit" (NASDAQ:KRNT) previously, so investors should view this as an update to my carlier articles on the company. Earlier this month, leading digital textile printing solutions provider Kornit Digital reported mixed second quarter 2024 results with revenues coming in at the lower end, and adjusted EBITDA margin at the higher end of management's guidance: | --- | --- | --- | --- | --- | |------------------------|------------------------------------- ...

Kornit Digital Ltd. (NASDAQ:KRNT) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Jared Maymon - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Lauri Hanover - Chief Financial Officer Conference Call Participants Greg Palm - Craig-Hallum Capital Group Chris Grenga - Needham Brian Drab - William Blair Erik Woodring - Morgan Stanley Chris Moore - CJS Securities Operator Good morning, ladies and gentlemen, and welcome to the Kornit Digital Second Quarte ...

Kornit Digital (NASDAQ: KRNT) Second Quarter 2024 Earnings Conference Call Supporting Slides August 7, 2024 Kornit Digital. All Rights Reserved. Kornit Digital. All Rights Reserved. On Today's Call Ronen Samuel CEO Lauri Hanover CFO Jared Maymon Investor Relations Kornit Digital. All Rights Reserved. Safe Harbor This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. securities laws. Forward-looking statements are char ...

Kornit Digital (KRNT) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this digital textile printer would post a loss of $0.12 per share when it actually produced a loss of $0.11, delivering a surprise of 8.33%. Over the last four quarte ...

ROSH-HA`AYIN, Israel, Aug. 07, 2024 (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, today announced that the Company will host an Investor Event on Tuesday, September 10th, 2024 at the Westgate in Las Vegas, NV, in conjunction with its participation at the Printing United trade show. During the Investor Event, the Company will provide insights into its recent busines ...

ROSH-HA`AYIN, Israel, Aug. 07, 2024 (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, today announced that the Company will host an Investor Event on Tuesday, September 10th, 2024 at the Westgate in Las Vegas, NV, in conjunction with its participation at the Printing United trade show. During the Investor Event, the Company will provide insights into its recent busines ...

Second quarter revenues of $48.6 million, in line with previous guidance Second quarter GAAP net loss of $4.9 million; non-GAAP net income of $1.1 million Generated positive cash flow from operations for the second quarter of 2024 Both impressions and consumables grew year-over-year during the second quarter Interest in our pilot of the all-inclusive click ("AIC") program and our Apollo system remains strong, with multiple orders added to our backlog in second quarter ROSH-HA`AYIN, Israel, Aug. 07, 2024 (GL ...