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.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

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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ROSH HA'AYIN, Israel, July 20, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT), announced today that it will release its financial results for the second quarter ended June 30, 2021, on Tuesday, August 10th, 2021 before the market opens.

Kornit Digital Sets Second Quarter 2021 Earnings Release and Webcast

ROSH HA'AYN, Israel & ENGLEWOOD, N.J., June 30, 2021 (GLOBE NEWSWIRE) -- Kornit Digital ("Kornit" or "the Company") (Nasdaq: KRNT), a worldwide market leader in digital textile printing technology, announced today that Andrew G. Backman has been appointed to the newly created position of Global Head of Investor Relations, effective June 30, 2021.

Kornit Digital Appoints Andrew G. Backman as Global Head of Investor Relations

ROSH HA'AYN, Israel, June 29, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT), today announced that management will participate in a virtual fireside chat at the following investor event:

Kornit Digital to Participate in the CJS Annual New Ideas Conference

ROSH HA'AYN, Israel, June 08, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT), today announced that management will host a fireside chat at the following investor event:

Kornit Digital to Participate in the Citi Silicon Valley Virtual Tech Bus Tour on June 10th

Kornit Digital (KRNT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Kornit Digital (KRNT) Stock Jumps 4.8%: Will It Continue to Soar?

ROSH HA'AYN, Israel, May 26, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT), today announced that management will present and host one-on-one meetings at the following conferences:

Kornit Digital to Present at Upcoming Investor Conferences

ROSH HA'AYN, ISRAEL, May 13, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT) today announced that management will host a fireside chat and one-on-one meetings at the following conference:

Kornit Digital to Host Fireside Chat at the Barclays Americas Select Franchise Conference

Leader in digital printing solutions reported strong Q1 results and guided Q2 materially above expectations as business momentum continues to build.

Kornit Digital: Great Quarter And Even Better Outlook - Buy

Kornit Digital Ltd. (KRNT) CEO Ronen Samuel on Q1 2021 Results - Earnings Call Transcript

ROSH HA'AYN, Israel, May 11, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT), announced today that it will host a Virtual Investor Event on Tuesday, May 18th, 2021 from 10:00 a.m. to approximately 12:00 p.m. ET.

Kornit Digital to Host Virtual Investor Event on May 18th, 2021

Kornit Digital (KRNT) delivered earnings and revenue surprises of 14.29% and 5.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Kornit Digital (KRNT) Tops Q1 Earnings and Revenue Estimates

Kornit Digital Reports First Quarter 2021 Results

On Tuesday, May 11, Kornit Digital (NASDAQ:KRNT) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Kornit Digital Earnings Preview

Global online fashion retailer and UK supplier teaming with Kornit for adoption of efficient, low-impact direct-to-fabric digital textile printing with zero water waste and accelerated production speeds Global online fashion retailer and UK supplier teaming with Kornit for adoption of efficient, low-impact direct-to-fabric digital textile printing with zero water waste and accelerated production speeds

ASOS and Fashion-Enter Ltd. Partner with Kornit Digital for Sustainable On-Demand Textile Production

Unparalleled retail quality combined with groundbreaking 3D print capabilities and versatile decoration techniques for all categories of fashion and apparel Unparalleled retail quality combined with groundbreaking 3D print capabilities and versatile decoration techniques for all categories of fashion and apparel

MULTIMEDIA UPDATE -- Kornit Digital Announces MAX Technology, the Next Generation Solution for On-Demand, Sustainable Fashion and Apparel Production

ROSH HA'AYIN, Israel, April 21, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT), a company that develops, manufactures and markets industrial digital printing technologies for the textile industry, today announced that it will release its earnings results for the first quarter ended March 31, 2021 on Tuesday, May 11, 2021 before the market opens. Management will host a conference call and webcast to discuss the Company's financial results on Tuesday, May 11th at 8:30 am ET.

Kornit Digital Announces Date for First Quarter 2021 Financial Results Conference Call

ROSH HA'AYIN, Israel, March 29, 2021 (GLOBE NEWSWIRE) -- Kornit Digital (Nasdaq: KRNT), a worldwide market leader in digital textile printing technology, announced on March 25, 2021 that its annual report on Form 20-F, containing audited consolidated financial statements for the year ended December 31, 2020, as filed with the Securities and Exchange Commission, is available through its website (http://www.kornit.com). Shareholders may receive a hard copy of the annual report free of charge upon request. This press release is being issued pursuant to NASDAQ Listing Rule 5250(d)(1)(C).

Kornit Digital Announces Filing and Availability of Its Annual Report on Form 20-F Through Its Website

Over 30 leading fashion designers present their collections from March 28 th – April 1 st , 2021

The Future of Fashion Making: Kornit Fashion Week Tel Aviv's International Showcase For Sustainable Fashion

Como-based fabric provider to high-end fashion houses cites sustainability, single-step process in adopting new direct-to-fabric print technology

Creazioni Digitali Implements Kornit Presto S with Softener Solution for Versatile, High-Capacity Fashion Production on Demand

Palantir Technologies

Splunk

With Presidents Day, Valentine's Day and Mardi Gras over, and just six weeks left in the first quarter of 2021, many investors are looking past earnings season to next quarter and the rest of 2021 s they start to reset portfolios.

Goldman Sachs Raises Price Targets on Sizzling Momentum Tech Stocks

Kornit Digital Ltd. (KRNT) CEO Ronen Samuel on Q4 2020 Results - Earnings Call Transcript

Shares of Kornit Digital (NASDAQ:KRNT) increased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 41.18% year over year to $0.24, which beat the estimate of $0.22.

Kornit Digital: Q4 Earnings Insights

Record Quarter with 4 9% Year-Over-Year Growth and Accelerating Momentum

Kornit Digital Reports Fourth Quarter and Full-Year 2020 Results

40+ leading fashion designers participating in international showcase for sustainable fashion 40+ leading fashion designers participating in international showcase for sustainable fashion

Kornit Digital Presents Kornit Fashion Week Tel Aviv 2021

Kornit Digital (KRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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