Kornit Digital: Q1 Earnings Snapshot

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

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