Brief: Kornit Digital Reports First Quarter 2023 Results

Kornit Digital

10/05/2023 12:28

May 10 (Reuters) - Kornit Digital Ltd  KRNT.O :
    * KORNIT DIGITAL REPORTS FIRST QUARTER 2023 RESULTS
    * TOTAL REVENUE FOR Q1 OF 2023 WAS $47.8 MILLION COMPARED
WITH
$83.3 MILLION IN PRIOR YEAR PERIOD
    * NON-GAAP NET LOSS FOR Q1 OF 2023 WAS $0.27 PER BASIC SHARE
    * GAAP NET LOSS FOR Q1 OF 2023 WAS $0.38 PER BASIC SHARE
    * FOR Q2 OF 2023, COMPANY EXPECTS REVENUES TO BE IN RANGE OF
$54
MILLION TO $59 MILLION
    * Q1 EARNINGS PER SHARE VIEW $-0.28 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX49c8TQ 
Further company coverage:  KRNT.O 

 ((Reuters.Briefs@thomsonreuters.com;))