Kornit Digital

Kornit Digital Ltd. is engaged in the development, designing, manufacture, and marketing of industrial and commercial printing solutions for the garment, apparel, and textile industries. It offers printing solutions for apparel, polyester, sportswear, beachwear, accessories, paradigm shirt, textiles, curtains, cushions and couches. The company was founded by Ofer Ben-Zur on January 16, 2002 and is headquartered in Rosh HaAyin, Israel.

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Kornit Digital reports Q4 revenues, eyes profitability with Apollo launch

Kornit Digital's Q4 performance reflects a mixed revenue picture with growth in consumables and services but challenges in system sales and profitability.
The company's strategic focus on cost improvements, new product launches like Apollo, and expanding customer base present growth opportunities amidst macroeconomic challenges.
While short-term challenges persist, Kornit Digital's long-term strategy aims to drive revenue growth, achieve breakeven in 2023, and position for profitability in 2024.

Kornit Digital reports Q1 revenue growth, aims for breakeven EBITDA

Kornit Digital's Q1 2023 performance showed revenue growth amidst challenges in system sales, with a focus on customer success and product innovation.
The company aims to achieve breakeven EBITDA in H2 through revenue diversification and operational efficiency improvements.
Despite financial hurdles and competitive challenges, Kornit Digital remains optimistic about growth opportunities in customized design markets and ink sales.

Kornit Digital reports strong Q2 revenue growth and eyes sustainable profitability by 2025

Kornit Digital's Q2 performance reflects revenue growth driven by consumables and services, offsetting soft system sales volumes.
The company's strategic focus on new technologies, partnerships, and market shifts positions it well for future growth and profitability targets.
While facing challenges in system sales and revenue outlook, Kornit Digital is leveraging opportunities in on-demand production, sustainability trends, and market expansion for long-term success.

Kornit Digital reports Q3 revenue growth, eyes profitability in 2024

Kornit Digital's Q3 performance showed revenue growth in key segments despite challenges in system sales. The company is strategically focusing on diversification and profitability in 2024.
Opportunities lie in new market entries, share repurchases, and gross margin improvement. Extended payment terms and financing options are supporting customer decisions.
Challenges include macroeconomic constraints on system sales and uncertainties around extended payment terms. System upgrades may see a pause in Q4.

Kornit Digital achieves breakeven in Q4, eyes revenue growth in 2024

Kornit Digital's 2023 performance saw breakeven profitability, improved gross margins, and cost-saving initiatives driving positive adjusted EBITDA.
Strengths lie in the successful Apollo platform launch, customer interest in MAX technology, and diversification efforts into new market segments.
Challenges include a tough macroeconomic environment, revenue timing from Apollo, and uncertainties in the recurring revenue model's scalability.
Opportunities exist in market catalysts, expansion into new segments and geographies, and growing business with retailers and brands through in-house printing.
Kornit's focus on revenue growth, profitability, and customer expansion sets the stage for a dynamic 2024.

Kornit Digital reports mixed Q1 results, eyes growth opportunities

Kornit Digital reports mixed Q1 2024 results with revenue of $43.8 million and challenges in adjusted EBITDA margin. Strong interest in Apollo system and AIC model noted.
Analysts inquire about revenue outlook, AIC model impact, and share repurchase program. Company emphasizes revenue growth expectations for H2 and 2025.
Improved utilization of systems and positive feedback on new products seen as strengths. Softness in the market and revenue recognition under the AIC model pose challenges.
Entry into new markets and focus on regional growth opportunities highlight potential for Kornit Digital. Continued investment in product offerings and market segments noted.

Kornit Digital meets Q2 targets, eyes growth through innovation

Kornit Digital's Q2 performance met guidance, with positive cash flow and growth in key segments.
Despite challenges in profitability, the company anticipates a stronger second half and sustained positive cash flow.
Opportunities lie in upcoming investor event, sales growth from consumables, and innovation-driven productivity enhancements.
Strategic focus on cost efficiencies and market demand for on-demand production positions the company for future growth.

Kornit Digital meets Q3 targets, poised for growth in 2025

Kornit Digital delivered on revenue guidance and improved gross margin above 50%.
Operational efficiency led to reduced expenses and positive adjusted EBITDA.
Anticipated growth in revenue and profitability signals a promising outlook for the company.
Strong cash position and market demand for digital conversions offer strategic advantages.

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Last month, Kornit Digital reported weak Q1/2023 results, with revenues down by over 40% year-over-year as system sales remain impacted by challenging macroeconomic conditions. The company commenced buybacks under its recently announced up to $75 million share repurchase program. Despite some additional cash burn in Q1, Kornit Digital continues to command a fortress balance sheet with $623.9 million in cash, deposits, and marketable securities, and no debt.

Kornit Digital: Inflection Point Likely Still Several Quarters In The Future - Hold

ROSH-HA`AYIN, Israel, May 30, 2023 (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 Andrew G. Backman, the Company's Global Head of Investor Relations, will participate in a fireside chat discussion and conduct one-on-one meetings at the William Blair 43rd Annual Growth Stock Conference.

Kornit Digital to Participate in William Blair 43rd Annual Growth Stock Conference

ROSH-HA`AYIN, Israel, May 22, 2023 (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 the Company will conduct one-on-one meetings at the 20th Annual Craig-Hallum Institutional Investor Conference.

Kornit Digital to Participate in 20th Annual Craig-Hallum Institutional Investor Conference

Kornit Digital Ltd. (NASDAQ:KRNT ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Andrew G.

Kornit Digital Ltd. (KRNT) Q1 2023 Earnings Call Transcript

Kornit Digital (KRNT) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to break-even earnings per share a year ago.

Kornit Digital (KRNT) Reports Q1 Loss, Misses Revenue Estimates

ROSH-HA`AYIN, Israel, May 10, 2023 (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, reported today its results for the first quarter ended March 31, 2023.

Kornit Digital Reports First Quarter 2023 Results

ROSH HA'AYIN, Israel, April 25, 2023 (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 first quarter ended March 31, 2023, on Wednesday, May 10, 2023, prior to the market open.

Kornit Digital Sets First Quarter Earnings Release Date and Webcast

NEW YORK , April 17, 2023 /PRNewswire/ -- Attention Kornit Digital Ltd. ("Kornit Digital") (NASDAQ: KRNT) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Kornit Digital Investors of a Lead Plaintiff Deadline of April 17, 2023

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 17, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Kornit Digital Ltd. (“Kornit” or the “Company”) (NASDAQ: KRNT) ordinary shares between February 17, 2021 and July 5, 2022, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kornit Digital Ltd.

NEW YORK , April 14, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Kornit Digital Ltd. (NASDAQ: KRNT).

KRNT SHAREHOLDER ALERT: Jakubowitz Law Reminds Kornit Digital Shareholders of a Lead Plaintiff Deadline of April 17, 2023

NEW YORK , April 11, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Kornit Digital Ltd. (NASDAQ: KRNT) alleging that the Company violated federal securities laws.

KRNT ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of April 17, 2023 in the Class Action Filed on Behalf of Kornit Digital Ltd. Shareholders

Did you lose money on investments in Kornit Digital?  If so, please visit Kornit Digital Ltd.

KORNIT DIGITAL LTD. (NASDAQ: KRNT) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Kornit Digital Ltd.

NEW YORK , April 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ: KRNT).

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Kornit Digital Ltd. - KRNT

LOS ANGELES , April 7, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ: KRNT).

KRNT Investors Have Opportunity to Lead Kornit Digital Ltd. Securities Fraud Lawsuit

CEDARHURST, N.Y., April 5, 2023 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Kornit Digital Ltd. (the "Company") (NasdaqGS: KRNT), if they purchased the Company's shares between February 17, 2021 and July 5, 2022, inclusive (the "Class Period") including purchases directly in the Company's November 2021 public stock offering (the "Offering"). Shareholders have until April 17, 2023 to file lead plaintiff applications in the securities class action lawsuit.

FILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Kornit Digital Ltd. - KRNT

NEW YORK , April 5, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Kornit Digital Ltd.. Shareholders who purchased shares of KRNT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Kornit Digital Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of April 17, 2023 - (NASDAQ: KRNT)

NEW YORK , April 1, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Kornit Digital Ltd., (NASDAQ: KRNT) between February 17, 2021 and July 5, 2022, both dates inclusive (the "Class Period"), of the important April 17, 2023 lead plaintiff deadline.

ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages Kornit Digital Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - KRNT

NEW ORLEANS , March 31, 2023 /PRNewswire/ --Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 17, 2023 to file lead plaintiff applications in securities class action lawsuits against Kornit Digital Ltd.

KORNIT DIGITAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Kornit Digital Ltd. - KRNT

NEW YORK , March 30, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Kornit Digital Ltd. ("Kornit Digital" or the "Company") (NASDAQ: KRNT) of a class action securities lawsuit.

KRNT LAWSUIT ALERT: Levi & Korsinsky Notifies Kornit Digital Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline

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NEW YORK , March 25, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Kornit Digital Ltd., (NASDAQ: KRNT) between February 17, 2021 and July 5, 2022, both dates inclusive (the "Class Period"), of the important April 17, 2023 lead plaintiff deadline.

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Kornit Digital Ltd. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - KRNT

Last month, the company reported mediocre fourth quarter results and provided a cautious outlook for 2023. With key system sales expected to remain weak, overall revenue is likely to be down for the second year in a row.

Kornit Digital: No Near-Term Catalysts But Upgrading To 'Hold' On Bargain Valuation

NEW YORK , March 17, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Kornit Digital Ltd., (NASDAQ: KRNT) between February 17, 2021 and July 5, 2022, both dates inclusive (the "Class Period"), of the important April 17, 2023 lead plaintiff deadline.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Kornit Digital Ltd. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action - KRNT

SAN FRANCISCO--(BUSINESS WIRE)---- $KRNT #InvestorAlert--Kornit Digital Investor Alert: 4/17/2023 Filing Deadline in Securities Class Action – Contact Lieff Cabraser

Kornit Digital Investor Alert: 4/17/2023 Filing Deadline in Securities Class Action – Contact Lieff Cabraser

NEW YORK , March 11, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Kornit Digital Ltd. ("Kornit " or the "Company") (NASDAQ: KRNT) and reminds investors of the April 17, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

KORNIT SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Kornit To Contact Him Directly To Discuss Their Options

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