Kornit Digital (KRNT) Misses Q4 EPS by 1c

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Kornit Digital Reports Fourth Quarter and Full-Year 2019 Results

February 11, 2020 4:05 PM EST

Fourth quarter revenue of $48.7 million, net of $1.1 million attributed to the non-cash impact of warrants.Fourth quarter 2019 GAAP operating income of $3.3 million; Non-GAAP operating income of $5.8 million, net of $1.1 million attributed to the non-cash impact of warrants.Completed a year of innovative and successful new product introductions, continued to focus on strengthening infrastructure and expanding scale across the business, laying foundation for future growth.

ROSH-HA`AYIN, Israel, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a leading provider of digital printing solutions for the global textile industry,... More