Kornit Digital Reports Third Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall St futures rise as AI stocks rally, crude prices fall
- Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- Streamflation drives 39% of Americans to cancel streaming in 6 months
Kornit Digital (KRNT) Misses Q3 EPS by 9c, Revenues Miss
November 18, 2019 4:07 PM ESTKornit Digital (NASDAQ: KRNT) reported Q3 EPS of $0.09, $0.09 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $44.6 million versus the consensus estimate of $49.07 million.
Highlights
Third quarter revenue of $44.6 million, net of $5.1 million attributed to the non-cash impact of warrants, compared to $37.6 million, net of $1.7 million attributed to the non-cash impact of warrants in the prior year period.Significantly higher year-over-year warrants impact as a result of growth in business with a... More