Kornit Digital Ltd. (KRNT) Bullish Stance Reiterated at Needham & Company Following Q2 EPS 'Beat'

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Kornit Digital Reports Second Quarter 2015 Results

August 4, 2015 4:01 PM EDT

Highlights

Second-quarter 2015 sales of $21.3 million, an increase of 35.1% over the prior year Non-GAAP operating margin of 12.9%, up 740 basis points year-over-year. Second quarter non-GAAP net income of $2.4 million, or $0.07 per diluted share; GAAP net income of $0.7 million, or $0.02 per diluted share. Major customer places order for third Allegro; first two units running full scale production Successful launch of Neopigment Pure at multiple key customer sites

ROSH-HA'AYIN, Israel, Aug. 4, 2015 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a leading provider of digital printing... More