Kornit Digital(KRNT)

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Kornit (KRNT) Corporate Overview Presentation - Slideshow
2022-06-09 22:18
1 ©2022 Kornit Digital. All rights reserved. Kornit Digital bordine KORNIT DIGITAL (NASDAQ: KRNT) BECOMING THE OPERATING SYSTEM FOR SUSTAINABLE ON-DEMAND FASHIONX SAFE HARBOR This presentation contains forward-looking statements within the meaning of U.S. securities laws. All statements other than statements of historical fact contained in this presentation are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "p ...
Kornit Digital(KRNT) - 2022 Q1 - Quarterly Report
2022-05-11 20:05
Financial Performance - First quarter revenues were $83.3 million, representing a 26% year-over-year increase, net of an $8.0 million non-cash warrants impact[4] - GAAP net loss for the first quarter was $5.2 million, or $0.10 per basic share, compared to a net income of $5.1 million, or $0.11 per share, in the prior year[9] - Non-GAAP operating loss for the first quarter was $0.7 million, net of the $8.0 million attributed to the non-cash impact of warrants[4] - Total revenues for the three months ended March 31, 2022, were $83,293,000, a 25.9% increase from $66,123,000 in the same period of 2021[21] - Gross profit for the same period was $33,402,000, compared to $30,410,000 in 2021, reflecting an increase of 6.5%[21] - Operating expenses increased to $40,307,000 from $27,301,000, representing a 47.8% rise year-over-year[21] - The company reported a net loss of $5,197,000 for Q1 2022, compared to a net income of $5,099,000 in Q1 2021[21] - Basic and diluted net loss per share was $(0.10) for Q1 2022, down from $0.11 in Q1 2021[21] - Non-GAAP net income for Q1 2022 was $166,000, significantly lower than $7,730,000 in Q1 2021[24] - Cash flows from operating activities showed a net cash used of $47,082,000 in Q1 2022, compared to cash provided of $5,119,000 in Q1 2021[28] - Cash and cash equivalents at the end of Q1 2022 were $77,284,000, down from $94,171,000 at the end of Q1 2021[28] - The weighted average number of shares used in computing diluted net loss per share was 49,658,028 for Q1 2022, compared to 47,568,215 in Q1 2021[24] Future Projections - The company expects second quarter revenue to be in the range of $85 million to $95 million, with non-GAAP operating income projected between -2% to +2% of revenue[7] - The company anticipates stronger revenues in the third and fourth quarters compared to the second quarter, with operating margins expected in the low to mid-teens[8] - Kornit Digital aims to achieve a $125 million run-rate business by the fourth quarter of 2023 and is on a path to become a billion-dollar business by 2026[3] Product Development - Kornit Digital introduced groundbreaking new products, including Atlas MAX Poly and Kornit Apollo, during Kornit Fashion Week in Tel Aviv[4] - Kornit Digital continues to invest strategically in new product initiatives and go-to-market strategies to drive long-term growth[5] Regional Performance - The company reported record performance in the Asia Pacific region and strong results in EMEA and Americas[4] Financial Position - The company maintains a strong balance sheet with total assets of $1,026.1 million as of March 31, 2022[19] - The company invested $410,985,000 in bank deposits during Q1 2022, a significant increase from $18,855,000 in the previous year[28]
Kornit Digital(KRNT) - 2022 Q1 - Earnings Call Transcript
2022-05-11 18:10
Kornit Digital Ltd. (NASDAQ:KRNT) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET Company Participants Ronen Samuel - CEO Alon Rozner - CFO Amir Shaked-Mandel - EVP, Corporate Development Andrew Backman - IR Conference Call Participants Jim Suva - Citigroup Tavy Rosner - Barclays Rod Hall - Goldman Sachs Jared Maymon - Berenberg Capital Markets Brian Drab - William Blair Jim Ricchiuti - Needham & Company Dan - CJS Securities Dan Moore - CJS Securities Greg Palm - Craig-Hallum Capital Operator Greet ...
Kornit Digital(KRNT) - 2022 Q1 - Earnings Call Presentation
2022-05-11 14:35
1 ©2022 Kornit Digital. All rights reserved. matters KORNIT DIGITAL (NASDAQ: KRNT) First Quarter 2022 Earnings Conference Call Supporting Slides May 11, 2022 SAFE HARBOR This presentation contains forward-looking statements within the meaning of U.S. securities laws. All statements other than statements of historical fact contained in this presentation are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans, ...
Kornit Digital(KRNT) - 2021 Q4 - Annual Report
2022-03-30 20:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-36903 KORNIT DIGITAL LTD. (Exact name of Registrant as specified ...
Kornit Digital(KRNT) - 2021 Q4 - Earnings Call Transcript
2022-02-15 18:34
Kornit Digital Ltd. (NASDAQ:KRNT) Q4 2021 Earnings Conference Call February 15, 2022 8:30 AM ET Company Participants Andrew Backman - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Alon Rozner - Chief Financial Officer Amir Shaked-Mandel - Executive Vice President of Corporate Development Conference Call Participants Rod Hall - Goldman Sachs Patrick Ho - Stifel Nicolaus & Company Jim Suva - Citigroup Brian Drab - William Blair Tavy Rosner - Barclays Greg Palm - Craig-Hallum James R ...
Kornit Digital(KRNT) - 2021 Q4 - Earnings Call Presentation
2022-02-15 15:43
1 ©2022 Kornit Digital. All rights reserved. matters KORNIT DIGITAL (NASDAQ: KRNT) Fourth Quarter & Full Year 2021 Earnings Conference Call Supporting Slides February 15, 2022 SAFE HARBOR This presentation contains forward-looking statements within the meaning of U.S. securities laws. All statements other than statements of historical fact contained in this presentation are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," ...
Kornit Digital(KRNT) - 2021 Q3 - Earnings Call Presentation
2021-11-17 15:57
1 ©2021 Kornit Digital. All rights reserved. KORNIT DIGITAL (NASDAQ: KRNT) Q3 2021 EARNINGS CALL SUPPORTING SLIDES SAFE HARBOR This presentation contains forward-looking statements within the meaning of U.S. securities laws. All statements other than statements of historical fact contained in this presentation are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," " ...
Kornit Digital(KRNT) - 2021 Q3 - Earnings Call Transcript
2021-11-10 20:12
Kornit Digital Ltd. (NASDAQ:KRNT) Q3 2021 Earnings Conference Call November 10, 2021 8:30 AM ET Company Participants Andrew Backman - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Alon Rozner - Chief Financial Officer Amir Shaked-Mandel - Executive Vice President of Corporate Development Conference Call Participants Chris Reimer - Barclays Rod Hall - Goldman Sachs Jim Suva - Citi Brian Drab - William Blair & Company Patrick Ho - Stifel Financial Corp. James Ricchiuti - Needham & C ...
Kornit Digital(KRNT) - 2021 Q2 - Earnings Call Transcript
2021-08-10 19:03
Kornit Digital Ltd. (NASDAQ:KRNT) Q2 2021 Earnings Conference Call August 10, 2021 8:30 AM ET Company Participants Andrew Backman - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Alon Rozner - Chief Financial Officer Conference Call Participants Rod Hall - Goldman Sachs Jim Suva - Citigroup Brian Drab - William Blair and Company Jim Ricchiuti - Needham and Company David Mizrahi - Berenberg Danny Eggerichs - Craig Hallum Capital Tavy Rosner - Barclays Patrick Ho - Stifel Financial C ...