Kornit Digital Reports 2018 Fourth Quarter and Full Year Results
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Kornit Digital Ltd. (KRNT) PT Raised to $25 at Craig-Hallum
February 13, 2019 1:49 PM ESTCraig-Hallum analyst Greg Palm raised the price target on Kornit Digital Ltd. (NASDAQ: KRNT) to $25.00 (from $22.00) while maintaining a Buy rating.
Palm noted solid results and bullish commentary. He said 2019 is shaping up to be an important evolutionary year for the company.
... MoreKornit Digital (KRNT) Misses Q4 EPS by 4c, Revenues Miss
February 12, 2019 4:09 PM ESTKornit Digital (NASDAQ: KRNT) reported Q4 EPS of $0.08, $0.04 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $37.8 million versus the consensus estimate of $38.22 million.
Fourth quarter 2018 revenues increased by 26.2% to $37.8 million.Full year revenues growth of 24.8% to a record $142.4 million, fueled by strong demand for Kornits HD portfolio of solutions.Successful business and organizational transformation in North America.Continued... More