Kornit Digital: Q1 Earnings Snapshot
By Ap News
Published - May 08, 2024, 07:42 AM ET
Last Updated - May 27, 2024, 01:00 AM EDT
ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $13.2 million in its first quarter.
On a per-share basis, the Rosh-Haayin, Israel-based company said it had a loss of 28 cents. Losses, adjusted for stock option expense and restructuring costs, came to 11 cents per share.
The digital textile printer posted revenue of $43.8 million in the period.
For the current quarter ending in June, Kornit Digital said it expects revenue in the range of $47 million to $52 million.
