Kornit Digital (KRNT) Tops Q1 EPS by 3c, Revenues Beat
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Kornit Digital Reports First Quarter 2021 Results
May 11, 2021 7:00 AM EDTRevenue Increased 152% Year-Over-Year
Record Shipments of Mass Production Systems
First quarter revenue grew 152% year-over-year to $66.1 million, net of non-cash warrants impact of $3.1 millionFirst quarter GAAP operating profit of $3.1 million; non-GAAP operating profit of $6.5 million, in each case net of $3.1 million attributed to the non-cash impact of warrantsRevenue growth and profitability significantly exceeded expectationsExecuting on major global expansion projects with strategic customersIntroduction of breakthrough MAX... More