Kornit Digital (KRNT) Tops Q1 EPS by 1c
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Kornit Digital Reports First Quarter 2022 Results
May 11, 2022 7:10 AM EDTFirst quarter revenues of $83.3 million, net of non-cash warrants impact of $8.0 million; up 26% year-over-yearFirst quarter GAAP operating loss of $6.9 million; Non-GAAP operating loss of $0.7 million, net of $8.0 million attributed to the non-cash impact of warrantsExceptional quarter for Presto and overall systems salesExcellent adoption and feedback for Atlas MaxRecord quarter in Asia Pacific; Strong performance in EMEA and AmericasGround-breaking new product introductions unveiled at Kornit Fashion Week - Tel Aviv including Atlas MAX Poly and Kornit ApolloGearing up for Kornit Fashion Week London May 15th 17th, and... More
