Kornit Digital (KRNT) Tops Q4 EPS by 1c

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Go back to Kornit Digital (KRNT) Tops Q4 EPS by 1c

Kornit Digital Reports 2015 Fourth Quarter and Year End Results

February 9, 2016 4:05 PM EST

Highlights

Fourth quarter 2015 sales of $25.5 million, an increase of 35.1% over the prior-year; Full Year 2015 sales of $86.4 million, an increase of 30.2%. Fourth quarter non-GAAP net income of $3.2 million, or $0.10 per diluted share; GAAP net income of $2.1 million, or $0.07 per diluted shareFull year non-GAAP net income of $9.4 million, or $0.35 per diluted share; GAAP net income of $4.7 million, or $0.18 per diluted share.Allegro sales accelerate in second half of 2015, with multiple customers in the United States and Europe.Kornit Digital selected as partner for Amazons Print-On-Demand Service and installed multiple systems during the... More