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 ...

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 ...

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 ...

The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, August 7th at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. Live Call: 1-800-717-1738 (US/Canada Toll-Free) International: 1-646-307-1865 or 972 3 384 8161 (Israeli Toll-Free) Conference ID: 71703 Replay: 1-844-512-2921 (US/Canada Toll-Free) International: 1-412-317- ...

ROSH-HA`AYIN, Israel, July 22, 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, announced today that it will release its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, August 7th at ...

ROSH-HA`AYIN, Israel, June 03, 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, announced today that Ronen Samuel, Kornit's Chief Executive Officer, and Jared Maymon, the Company's Global Head of Investor Relations & Strategic Finance, will participate in a presentation and conduct one-on-one meetings at the William Blair 44th Annual Growth Stock Conference. Date ...

Investor Contact: Jared Maymon Global Head of Investor Relations & Strategic Finance Jared.Maymon@Kornit.com Kornit Digital Reports First Quarter 2024 Results Rosh-Ha'Ayin, Israel – May 8, 2024 – Kornit Digital Ltd. ("Kornit" or the "Company") (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies, reported today its results for the first quarter ended March 31, 2024. "Despite enduring macroeconomic challenges, we saw success with the strateg ...