Latest News by Industry
ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $908,000 in its third quarter.
The Rosh-Haayin, Israel-based company said it had a loss of 2 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 11 cents per share.
The digital textile printer posted revenue of $50.7 million in the period.
For the current quarter ending in December, Kornit Digital said it expects revenue in the range of $58 million to $63 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KRNT at https://www.zacks.com/ap/KRNT