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Wednesday, May 11, 2022

Kornit Digital Ltd. (KRNT) reported earnings on Wed 11 May 22 (b/o)

  •  Posted upside results for Q1 EPS and revs. Co noted that while it macro-economic headwinds and near-term volatility are impacting its Q2 growth, it continues to expect to deliver, ahead of plan, on the $125 mln run-rate business originally targeted for Q4 of 2023. Sees Q2 revs of $85-95 mln and EBITDA margins of 0-4%. Falls to 52-week lows.
 
 

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