Kornit Digital Stock Price, News & Analysis

Kornit Digital (NASDAQ: KRNT) has signed a strategic partnership with MAS ACME USA, a subsidiary of MAS Holdings, to revolutionize fashion and apparel production. The partnership combines Kornit's on-demand digital production technology with MAS's supply chain expertise and data diagnostics.

MAS Holdings, the largest apparel technology company in South Asia, works with major brands like Victoria's Secret, PVH, Gap, Marks & Spencer, and Nike. The collaboration aims to address industry challenges including overproduction, unplanned markdowns, and supply chain inefficiencies by enabling data-driven, on-demand local production.

The partnership offers brands three key benefits: on-shore supply chain flexibility for rapid response times, maximized working capital efficiency through better inventory management, and sustainable growth through data-driven production that reduces waste.

Kornit Digital (NASDAQ: KRNT) reported its Q1 2025 financial results with revenue of $46.5 million, up from $43.8 million year-over-year. The company posted a GAAP net loss of $5.1 million ($0.11 per share), improving from a $13.2 million loss in Q1 2024. Non-GAAP net income was $0.6 million ($0.01 per diluted share). GAAP gross profit margin improved to 42.6% from 32.3% year-over-year, while non-GAAP gross margin reached 45.2%. The company reported $14.5 million in annual recurring revenue from AIC contracts. For Q2 2025, Kornit expects revenue between $49-55 million and adjusted EBITDA margin between -4% and 4%. The company continues to generate positive cash flow from operations despite challenging macro conditions.

Kornit Digital (NASDAQ: KRNT) has formed a strategic partnership with Gooten, a print-on-demand fulfillment leader. The collaboration integrates Gooten's platform with Kornit's Global Fulfillment Network (GFN), providing access to over 250 production locations across North America, Europe, Asia, and Latin America. This partnership enables brands using Gooten's platform to leverage Kornit's production network for high-quality textile products with local fulfillment capabilities.

The partnership offers key benefits including retail-quality products with e-commerce integration, global reach with local production, simplified platform connectivity, sustainable production models that reduce waste, and increased revenue opportunities through new market access and expanded production capacity.

Kornit Digital (NASDAQ: KRNT) has announced a strategic partnership with Gooten, integrating the print-on-demand fulfillment company into Kornit's Global Fulfillment Network (GFN). This collaboration gives brands using Gooten's platform access to Kornit's extensive network of over 250 production locations across North America, Europe, Asia, and Latin America.

The partnership offers key benefits including retail-quality production at scale, global reach with local fulfillment, quick platform integration, sustainable on-demand production, and increased revenue opportunities. Brands can now leverage Kornit's production capacity while accessing Gooten's extended product catalog, enabling them to expand into new markets and optimize their operations with zero inventory costs.

Kornit Digital (NASDAQ: KRNT), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, has scheduled its first quarter 2025 earnings release for Wednesday, May 14, before market open. The company will host an earnings conference call and webcast at 8:30 am ET on the same day.

Interested parties can access the live broadcast through Kornit's website (www.kornit.com) in the Investors section. The conference call can be accessed via dial-in numbers: 1-877-407-0792 or 1-201-689-8263 (International), and 1 809 406 247 (Israel Toll Free). A replay will be available until May 28, 2025, via dial-in: 1-844-512-2921 or 1-412-317-6671 (Replay ID: 13753164).

Kornit Digital (NASDAQ: KRNT), a global leader in sustainable, on-demand digital fashion and textile production technologies, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC).

The annual report, which includes the company's audited financial statements, is accessible through the SEC's website and Kornit's investor relations portal. Shareholders can request a free hard copy of the complete report by contacting the Global Head of Investor Relations.

Kornit Digital (NASDAQ: KRNT) announced that Grunt Style, a leading U.S. patriotic apparel brand, has implemented Kornit's flagship Apollo system for digital printing production. The strategic transition from analog screen printing to digital production aims to eliminate stock shortages and increase production efficiency.

Grunt Style, founded in 2009, operates 17 retail stores and distributes across 2,500+ locations. The Kornit Apollo direct-to-garment platform offers key capabilities including:

• Production capacity of up to 400 garments per hour
• Automated garment loading and unloading
• Auto-sized pallet shifting
• Single-operator management system

This implementation enables Grunt Style to manage automated, on-demand production while maintaining their commitment to premium, American-made apparel. The system provides the scalability needed to meet growing e-commerce and retail demand without delays or waste.

Kornit Digital (NASDAQ: KRNT) announced that American Classics Apparel, a leading wholesaler of licensed music, movie, and gaming apparel, is adopting the Kornit Apollo platform. This next-generation direct-to-garment system will accelerate the company's transition from traditional screen printing to high-speed digital production.

Headquartered in Hanceville, Alabama, American Classics has been in the licensed apparel business for nearly three decades, offering designs from iconic brands like AC/DC, Rocky, and Cheers. Their products are sold through major retailers including Walmart and Amazon.

The implementation of Kornit Apollo, alongside their existing Kornit Atlas MAX POLY and other Kornit systems, will help American Classics address several key challenges:

• Meet surging customer demand
• Overcome ongoing labor shortages
• Improve production efficiency
• Maintain superior product quality
• Deliver faster turnaround times

Kornit Digital (KRNT) reported Q4 2024 revenues of $60.7 million, up from $56.6 million in the prior year, with GAAP net income of $2.2 million ($0.05 per share). The company achieved non-GAAP net income of $8.7 million ($0.18 per share) in Q4.

For full-year 2024, total revenue was $203.8 million compared to $219.8 million in 2023. The company delivered positive adjusted EBITDA of $0.3 million for 2024, improving from a loss of $30.9 million in 2023. Gross profit margin improved to 45.0% from 30.5% year-over-year.

The company successfully delivered 15 Apollo systems throughout 2024. Looking ahead to Q1 2025, Kornit expects revenues between $45.5 million to $49.5 million with adjusted EBITDA margin between -9% to -4%.