Kornit Digital (KRNT) Reports In-Line Q1 EPS
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Kornit Digital Reports 2016 First Quarter Results
May 3, 2016 4:07 PM EDTHighlights
First quarter 2016 revenues of $21.8 million, an increase of 24.0% over the prior-yearFirst quarter GAAP net loss of $0.2 million, or net loss of $0.01 per diluted shareFirst quarter non-GAAP net income of $0.6 million, or $0.02 per diluted shareNon-GAAP gross margin of 48.7%; an increase of 300 basis points over the prior yearCompany presented Storm Hexa at FESPA; resulting in multiple ordersInitial Allegro orders from customers in Asia and Latin AmericaROSH-HA`AYIN, Israel, May 03, 2016 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a... More
Kornit Digital Announces Organizational Changes
April 29, 2016 8:00 AM EDTROSH-HA`AYIN, Israel, April 29, 2016 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that Gilad Yron has been named Executive Vice President of Global Business, effective May 1st, 2016. Mr. Yron will succeed Sarel Ashkenazy, currently Executive Vice President of Sales, who will be leaving the Company to pursue other opportunities. Mr. Ashkenazy will remain with Kornit for a period of time to ensure a seamless transition of responsibilities.Â
Gabi... More
