Kornit Digital (KRNT) Misses Q3 EPS by 9c, Revenues Miss

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Go back to Kornit Digital (KRNT) Misses Q3 EPS by 9c, Revenues Miss

Kornit Digital Reports Third Quarter 2019 Results

November 18, 2019 4:05 PM EST

Highlights

Third quarter revenue of $44.6 million, net of $5.1 million attributed to the non-cash impact of warrants, compared to $37.6 million, net of $1.7 million attributed to the non-cash impact of warrants in the prior year period.Significantly higher year-over-year warrants impact as a result of growth in business with a global strategic account and a higher share price in the period.Third quarter 2019 GAAP operating income of $1.4 million; Non-GAAP operating income of $3.4 million net of $5.1 million attributed... More