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. (KRNT) is a global innovator in sustainable digital textile printing, specializing in direct-to-garment (DTG) and direct-to-fabric (DTF) technologies. This page serves as the definitive source for official company announcements, including product launches, financial results, and strategic partnerships.
Investors and industry professionals will find timely updates on operational milestones, sustainability initiatives, and market expansions. Our curated feed includes press releases related to new printing systems, eco-friendly ink innovations, and global manufacturing trends, providing insights into Kornit's role in transforming textile production.
Content is organized to highlight key business developments while maintaining compliance with financial disclosure standards. Regular updates ensure stakeholders stay informed about Kornit's advancements in reducing water consumption, enabling on-demand production models, and expanding digital capabilities across apparel industries.
Bookmark this page for streamlined access to Kornit Digital's verified news stream, or check back regularly for updates that matter to your investment and industry analysis.
Kornit Digital, a leader in digital fashion and textile production technologies, will be participating in the William Blair 44th Annual Growth Stock Conference on June 5, 2024. Representing the company will be CEO Ronen Samuel and Global Head of Investor Relations & Strategic Finance Jared Maymon. They will deliver a presentation at 10:20 am ET, which will be webcast live and available for replay on Kornit’s investor relations website.
Kornit Digital reported first quarter revenues of $43.8 million, meeting previous guidance. The company experienced a GAAP net loss of $13.2 million, with a non-GAAP net loss of $5.3 million. Kornit generated positive cash flow from operations and concluded the Apollo beta successfully with customers. They saw significant interest in the all-inclusive click model and are committed to transitioning to sustainable, on-demand digital production globally.
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