ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $13.2 million in its first quarter.
On a per-share basis, the Rosh-Haayin, Israel-based company said it had a loss of 28 cents. Losses, adjusted for stock option expense and restructuring costs, came to 11 cents per share.
The digital textile printer posted revenue of $43.8 million in the period.
For the current quarter ending in June, Kornit Digital said it expects revenue in the range of $47 million to $52 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KRNT at https://www.zacks.com/ap/KRNT
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
