Welcome to our dedicated page for Kornit Digital news (Ticker: KRNT), a resource for investors and traders seeking the latest updates and insights on Kornit Digital stock.
Kornit Digital Ltd. develops and provides sustainable, on-demand digital fashion and textile production technologies for garment and fabric producers. Its recurring news covers digital printing systems, inks, consumables, software and fulfillment services, including direct-to-garment and roll-to-roll platforms for short-run and demand-driven production.
Company updates often focus on product introductions such as Atlas MATRIX, Presto MAX PLUS and Apollo; customer deployments in apparel manufacturing; and PrintFactory workflow, color management and production automation software. Kornit also reports earnings releases, Form 20-F filing notices, governance appointments and developments tied to its global fulfillment network across the United States, Europe and Asia Pacific.
Kornit Digital (KRNT) announced the release of its second quarter earnings results for the period ending June 30, 2020, scheduled for August 11, 2020, after market close. A conference call to discuss the financial results will take place at 5:00 pm ET on the same day. Interested participants can join via phone or through a live webcast, which will be available on Kornit’s Investor Relations website. Kornit specializes in industrial digital printing technologies for the textile industry, focusing on eco-friendly solutions and innovative business models.
Kornit Digital (Nasdaq: KRNT) announced that CEO Ronen Samuel and CFO Guy Avidan will present at two financial conferences. The Stifel 2020 Virtual Cross Sector Insight Conference is scheduled for June 8, 2020, at 8:00 am ET, while the William Blair Growth Stock Conference will occur on June 9, 2020, at 12:00 pm CT (1:00 pm ET). Both presentations will be streamed live and available for replay on Kornit’s investor relations website. Kornit is a leader in digital textile printing, specializing in eco-friendly solutions and innovative business models.
Kornit Digital Ltd. (NASDAQ: KRNT) reported first-quarter 2020 revenue of $26.2 million, significantly down from $38.6 million in the same period last year, primarily due to COVID-19 impacts. The GAAP operating loss was $13.0 million, with a non-GAAP loss of $10.5 million. Despite these challenges, CEO Ronen Samuel expressed confidence in future growth, citing a shift towards e-commerce and increasing demand for on-demand digital textile production. The company's performance is expected to improve, with year-over-year growth anticipated in the second half of 2020.
Kornit Digital (NASDAQ: KRNT), a leader in digital textile printing, announced that its CEO Ronen Samuel and CFO Guy Avidan will host investor meetings at two upcoming conferences. The Needham Technology & Media Virtual Conference is scheduled for May 20, 2020, at 11:30 am ET, while the 17th Annual Craig-Hallum Institutional Investor Conference will take place on May 27, 2020. The Needham presentation will be available via live audio webcast on Kornit's investor relations website.
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