Kornit Digital (KRNT) Tops Q3 EPS by 5c
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Kornit Digital Reports Third Quarter 2020 Results
November 10, 2020 4:05 PM ESTThird quarter revenue of $57.4 million, net of non-cash warrants impact of $2.2 millionThird quarter GAAP operating profit of $2.7 million; Non-GAAP operating profit of $6.5 million, net of $2.2 million attributed to the non-cash impact of warrantsRevenue growth and overall business performance exceed previous expectationsMilestone in sustainable services profitability achieved a quarter ahead of planStrong operating leverage, inclusive of investments in innovation and scaling go-to-marketExcellent momentum with Custom Gateway introduction and integration
ROSH-HA'AYIN, Israel, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:... More
