Kornit Digital (KRNT) Tops Q2 EPS by 4c, Revenues Beat

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Go back to Kornit Digital (KRNT) Tops Q2 EPS by 4c, Revenues Beat

Kornit Digital Reports Second Quarter 2020 Results

August 11, 2020 4:05 PM EDT

Announces Acquisition of Custom Gateway, a leading global provider of cloud software workflow solutions enabling on-demand apparel and home décor production

Second quarter revenue of $37.4 million, net of non-cash warrants impact of $0.8 millionSecond quarter GAAP operating loss of $5.3 million; Non-GAAP operating loss of $2.5 million, including $0.8 million attributed to the non-cash impact of warrantsInflection in online channels, acceleration of digital transformation in textile industry drives strong performance in North AmericaRobust pipeline and strong momentumCombination of Custom Gateways software workflow portfolio with Kornits existing technologies will... More