Kornit Digital (KRNT) Misses Q1 EPS by 13c

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Kornit Digital Reports First Quarter 2020 Results

May 19, 2020 4:05 PM EDT

First quarter revenue of $26.2 million, net of non-cash warrants impact of $0.6 millionFirst quarter 2020 GAAP operating loss of $13.0 million; Non-GAAP operating loss of $10.5 million, including $0.6 million attributed to the non-cash impact of warrantsFirst quarter 2020 performance reflects immediate short-term impact of COVID-19High confidence in delivering year-over-year growth for the second half of 2020

ROSH-HA'AYIN, Israel, May 19, 2020 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a leading provider of digital printing solutions for the global... More