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. (NASDAQ: KRNT) is a manufacturing company focused on digital printing machinery and equipment for the global fashion and textile sectors. The company describes itself as a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, offering digital printing systems, inks, consumables, software and fulfillment services through a global fulfillment network.
This news page aggregates company announcements and third-party coverage related to Kornit’s operations, strategy and financial performance. Readers can find updates on quarterly results reported via Form 6-K, including revenue breakdowns between products and services, progress in expanding recurring revenue under the All-Inclusive Click (AIC) usage-based model, and commentary from management on execution and profitability.
News items also highlight Kornit’s technology deployments and customer wins, such as screen printing decorators, digital textile print providers and custom apparel producers adopting platforms like Atlas MAX PLUS, Atlas MAX POLY, Apollo and Presto MAX. These stories illustrate how customers use Kornit systems to transition from analog screen printing to on-demand digital production for bulk apparel, sportswear, e-commerce fulfillment and footwear applications.
Corporate developments, including share repurchase authorizations, annual shareholder meeting results and leadership changes reported in Form 6-K filings, are also reflected in the news flow. Investors and industry observers can use this page to follow how Kornit’s digital textile printing technologies, business models and geographic footprint evolve over time. For ongoing research on KRNT, bookmarking this page provides a single view into both operational milestones and regulatory disclosures that shape the company’s trajectory.
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%.
Kornit Digital (NASDAQ: KRNT), a leader in sustainable digital fashion and textile production technologies, has scheduled its fourth quarter and full year 2024 earnings release for Wednesday, February 12, 2025, before market opening. The company will host an earnings conference call and webcast at 8:30 am ET on the same day.
Investors can access the live broadcast through Kornit's website investor section. Live call dial-in numbers are 1-877-407-0792 or 1-201-689-8263, with a toll-free number for Israel at 1-809-406-247. A replay will be available on the company website and via dial-in at 1-844-512-2921 or 1-412-317-6671 (Access ID: 13751316) until February 26, 2025, at 11:50 pm ET.
500 LEVEL, a premier sports apparel producer, has adopted Kornit Digital's Atlas MAX platform to revolutionize their production of officially licensed sports merchandise. The partnership enables 500 LEVEL to produce and ship fan-designed licensed gear for MLB, MLS, NBA, NFL, NHL, UFC, and WWE within 24 hours.
Founded in 2012, 500 LEVEL specializes in custom-designed apparel that celebrates sports legends. The implementation of Kornit's Atlas MAX technology allows the company to meet rapid e-commerce demands while maintaining premium quality standards. This technological advancement positions 500 LEVEL to capture real-time sports moments by delivering high-quality merchandise at unprecedented speeds.
Kornit Digital reported Q3 2024 revenues of $50.7 million, down from $59.2 million year-over-year, primarily due to lower systems revenues. The company achieved a GAAP net loss of $0.9 million ($0.02 per share) and non-GAAP net income of $5.5 million ($0.11 per diluted share). Notable improvements include expanded gross margins, with GAAP gross margin at 47.7% and non-GAAP at 50.3%, and return to adjusted EBITDA profitability at $1.5 million. For Q4 2024, Kornit expects revenues between $58-63 million with adjusted EBITDA margin of 12-16%.
Kornit Digital (Nasdaq: KRNT), a global leader in sustainable, on-demand digital fashion and textile production technologies, has announced the release date for its third quarter 2024 financial results. The company will publish its earnings report on Wednesday, November 6, before the market opens.
Following the release, Kornit will host an earnings conference call and webcast on the same day at 8:30 am ET. Interested parties can access the live broadcast through Kornit's website at www.kornit.com in the 'Investors' section. For those who prefer to dial in, the following numbers are available:
- US/Canada Toll-Free: 1-877-407-0792
- International: 1-201-689-8263
- Israel: 1 809 406 247
A replay of the call will be archived on the company's website and will also be accessible via dial-in until November 20, 2024, at 11:59 pm ET.
Kornit Digital (NASDAQ: KRNT) announced that T-Shirt & Sons (TSS), a leading European apparel manufacturer, has adopted the Kornit Apollo platform to expand its digital production capabilities. This addition complements TSS's existing Kornit Atlas MAX systems, enabling the company to significantly increase production capacity by several million impressions annually.
TSS, which serves major e-commerce and retail brands, aims to streamline operations, improve speed, and enhance time-to-market while maintaining high-quality standards. The integration of Kornit's MAX technology and the Apollo platform optimizes TSS's production processes to meet the demands of the growing online market.
Adam Golder of TSS praised the Kornit Apollo as a game-changer in on-demand production, highlighting its exceptional results in speeding up time-to-market and optimizing production runs. Ronen Samuel, CEO of Kornit Digital, emphasized how manufacturers like TSS are transforming their operations to meet evolving market demands.
Kornit Digital (NASDAQ: KRNT) announced that Hybrid Digital, a division of Hybrid Apparel, is adding Kornit Apollo to its current Kornit Atlas MAX production lines. This expansion aims to further the company's screen-to-digital transformation, important for leveraging digital production as a competitive edge and meeting new customer expectations for rapid delivery.
Hybrid Digital, which partners with major retailers like Walmart, Target, and Kohl's, shifted from analog to digital production years ago to align with emerging production and delivery times demanded by online retail. The adoption of Kornit Apollo will enable Hybrid Digital to speed up production cycles, serve more customers faster, and fuel business growth.
Stephen Teglas, President of Hybrid Digital, emphasized their investment in technology to increase speed to market, improve inventory management, and provide quality products on demand. Ronen Samuel, CEO of Kornit Digital, highlighted the Apollo system as an industry game-changer, helping customers embrace on-demand, digital production.
Kornit Digital (NASDAQ: KRNT) announced that Monster Digital, a US leader in on-demand apparel manufacturing, is significantly expanding its digital production capacity with the addition of 10 Kornit Apollo systems during 2025. This expansion is part of Monster Digital's ongoing transition from screen printing to digital textile production.
Monster Digital, which serves major global brands, retailers, and e-commerce platforms, will implement the new systems through a mix of capital purchases and Kornit's new All-Inclusive Click (AIC) Model. This investment will allow the company to shift substantial bulk production from screen to digital, enabling them to capture new opportunities and better meet customer demands.
The expansion builds upon Monster Digital's existing fleet of 7 Apollo and 47 Kornit Atlas MAX systems, further solidifying their digital transformation strategy. The Kornit Apollo system has been praised for its game-changing capabilities in speed and quality, allowing Monster Digital to manage order flow more efficiently and provide an enhanced customer experience.