Kornit Digital (KRNT) Tops Q3 EPS by 3c

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Kornit Digital Reports 2017 Third Quarter Results

November 7, 2017 4:41 PM EST

Highlights

GAAP third quarter 2017 revenues of $28.5 million reflects pre-announced delay of a large customer order. Non-GAAP third quarter 2017 revenues of $28.6 million, compared to the prior year period of $30.9 million. Third quarter 2017 GAAP operating loss of $0.2 million, compared to operating profit of $0.7 million in the prior year.Third quarter non-GAAP operating profit of $1.7 million, compared to $3.9 million in the prior year.Third quarter GAAP net loss of $(0.1) million, or $(0.00) per diluted share; non-GAAP net income of $1.7 million, or $0.05 per diluted share.

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