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 Ltd. (Nasdaq: KRNT), a leader in sustainable, on-demand digital fashion and textile production technologies, announced that its annual report on Form 20-F, containing audited financial statements for the year ending December 31, 2022, is now accessible on its website. Shareholders can request a free hard copy of the report. This announcement is in compliance with NASDAQ Listing Rule 5250(d)(1)(C). Kornit operates globally, providing end-to-end solutions including printing systems and consumables, serving customers across over 100 countries.
Kornit Digital reported fourth quarter 2022 revenues of $63.3 million, down from $87.5 million in Q4 2021, reflecting a $4.3 million impact from non-cash warrants. The company posted a GAAP operating loss of $16.7 million and a non-GAAP operating loss of $9.9 million. Despite a solid peak season, it faced a GAAP net loss of $35.4 million or ($0.71) per share. Full-year revenue also declined to $271.5 million from $322 million in 2021. For Q1 2023, Kornit expects revenues between $47 million and $52 million. The focus for 2023 includes achieving profitability and launching new products.
Kornit Digital Ltd. (NASDAQ: KRNT) announced it will release its financial results for Q4 and full year 2022 on February 15, 2023, before the market opens. The earnings conference call will take place the same day at 8:30 am ET, available via Kornit’s website. The Company specializes in sustainable, on-demand digital fashion and textile production technologies, serving clients globally. More details regarding the financial results and insights into operations are expected during the call.
Kornit Digital Ltd. (NASDAQ: KRNT), a leader in sustainable digital fashion and textile production technologies, announced its participation in the 25th Annual Needham Growth Conference. One-on-one meetings with investors will be held on January 10th and 11th, 2023, at the Lotte New York Palace Hotel. Interested investors are encouraged to contact their Needham representatives to schedule a meeting. Kornit Digital, headquartered in Israel, provides end-to-end solutions for digital printing, serving clients in over 100 countries globally.
Kornit Digital Ltd. (Nasdaq: KRNT), a leader in sustainable digital fashion and textile production, announced it will hold one-on-one meetings at the Barclays Global Technology, Media and Telecommunications Conference on December 7th and 8th, 2022. The meetings will be hosted by Andrew G. Backman, Global Head of Investor Relations, at the Palace Hotel in San Francisco, California. Interested investors are encouraged to contact their Barclays representative for scheduling.
Kornit Digital provides end-to-end solutions including digital printing systems, inks, and consumables across over 100 countries.
Kornit Digital reported third-quarter 2022 revenues of $66.8 million, down from $86.7 million in 2021, with a non-cash warrant impact of $5.6 million. The company faced a GAAP operating loss of $21.4 million and a non-GAAP operating loss of $13.0 million. Despite a rise in Consumables and Services revenue due to strong demand, macro-related pressures affected purchasing decisions. Guidance for Q4 2022 projects revenue between $66 million and $70 million and non-GAAP operating margins ranging from -6% to -10% of revenue.
Kornit Digital (NASDAQ: KRNT) showcased its innovative digital production technologies at the PRINTING United Expo on October 19, 2022. Highlighting the shift towards sustainable, on-demand fashion production, the company emphasized solutions that reduce overproduction and inventory waste. The launch of new products like Kornit Atlas MAX and Kornit Apollo aims to enhance supply chain efficiency and creativity. Kornit also released its 2021 Impact Report, reinforcing its commitment to sustainability in the textile industry, and will host a press conference during the expo.
Kornit Digital Ltd. (NASDAQ: KRNT) has released its 2021 Impact Report, showcasing significant progress in sustainability and ESG initiatives. Key achievements include a 16% reduction in GHG emissions intensity and a remarkable 57% decrease in non-hazardous waste intensity. The report emphasizes Kornit's commitment to transforming the fashion industry through its dual role as an accountable participant and a leader. Notable advancements in Diversity, Equity, and Inclusion (DEI) were also reported, with an increase in women in management from 30% to 35%.
Kornit Digital Ltd. (NASDAQ: KRNT) will announce its third-quarter financial results for the period ending September 30, 2022, on November 9, 2022, before the market opens. An earnings conference call is scheduled on the same day at 8:30 am ET, accessible via Kornit’s website. The company specializes in sustainable on-demand digital fashion and textile production technologies, providing end-to-end solutions globally. The call will also be available for replay starting five hours post-call until November 23, 2022.
Kornit Digital Ltd. (Nasdaq: KRNT), a leader in sustainable digital fashion and textile production, announced its participation in two upcoming investor conferences. Firstly, the Citi's 2022 Global Technology Conference on September 8, 2022, featuring a fireside chat at 1:45 pm ET, accessible via a live audio webcast. Secondly, Kornit will host 1:1 meetings with investors at the Goldman Sachs Communacopia + Technology Conference on September 13, 2022. Kornit Digital, headquartered in Israel, provides end-to-end solutions for the fashion industry.