Kornit Digital Ltd. (KRNT)
Are Industrial Products Stocks Lagging Kornit Digital (KRNT) This Year?
Here is how Kornit Digital (KRNT) and Packaging Corp. (PKG) have performed compared to their sector so far this year.
Kornit Digital (KRNT) Moves 5.0% Higher: Will This Strength Last?
Kornit Digital (KRNT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Kornit Digital: Investors Cheer New Go-To-Market Approach But Downgrading On Valuation
Kornit Digital reported a mixed second quarter of 2024 as the company continues to experience macroeconomic headwinds with resulting delays in system purchase commitments by customers. Following a series of restructuring transactions, margins, and cash flows have improved substantially in recent quarters. The company's balance sheet remains impressive with $554.4 million in cash and liquid investments as well as no debt.
Kornit Digital Ltd. (KRNT) Q2 2024 Earnings Call Transcript
Kornit Digital Ltd. (NASDAQ:KRNT ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Jared Maymon - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Lauri Hanover - Chief Financial Officer Conference Call Participants Greg Palm - Craig-Hallum Capital Group Chris Grenga - Needham Brian Drab - William Blair Erik Woodring - Morgan Stanley Chris Moore - CJS Securities Operator Good morning, ladies and gentlemen, and welcome to the Kornit Digital Second Quarter 2024 Earnings Conference Call.
Kornit Digital (KRNT) Surpasses Q2 Earnings Estimates
Kornit Digital (KRNT) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.15 per share a year ago.
