Kornit Digital (KRNT) Misses Q4 EPS by 11c
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Kornit Digital Reports Record Fourth Quarter and Full-Year 2021 Results
February 15, 2022 7:00 AM ESTRecord fourth quarter revenue of $87.5 million, net of non-cash warrants impact of $7.9 million; Full-Year 2021 revenue up 67% year-over-year to $322.0 million, net of non-cash warrants impact of $25.4 millionFourth quarter GAAP net income of $1.0 million; Full-Year 2021 GAAP net income of $15.5 millionFourth quarter Non-GAAP net income of $6.4 million, net of non-cash warrants impact of $7.9 million; Full-Year 2021 Non-GAAP net income of $36.1 million, net of non-cash warrants impact of $25.4 millionFourth quarter cash from operations of $9.3 million; Full-Year 2021 cash from operations of $52.5 millionRecord quarter for consumables and services, driven by a strong peak seasonStrong system sales in fourth quarter with ATLAS MAX... More
