Kornit Digital (KRNT) Misses Q2 EPS by 29c

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Kornit Digital Reports Second Quarter 2022 Results

August 10, 2022 7:03 AM EDT

Second quarter revenues of $58.1 million, net of non-cash warrants impact of $4.5 million, in line with preliminary results issued on July 5, 2022Second quarter GAAP operating loss of $24.9 million; Non-GAAP operating loss of $18.3 million, net of $4.5 million attributed to the non-cash impact of warrantsBoard of Directors approves $75 million share repurchase programAnnounces CFO transition; Industry veteran Lauri Hanover to join Kornit executive management team as Chief Financial Officer

ROSH-HA`AYIN, Israel, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (Kornit or the Company) (Nasdaq:... More