Falls after Q3 results disappoint

Kornit Digital

18/11/2019 21:59

** Shares of textile printer maker  KRNT.O  down ~10% at
$29.95 in extended trading after Q3 results miss estimates 
    ** Stock is the 2nd biggest pct loser among U.S. stocks
after the bell
    ** Profit has missed estimates for 4 quarters in a row
    ** Quarter hit by lower services revenues, rise in operating
expenses  urn:newsml:reuters.com:*:nGNX4505jS
    ** Stock has risen ~76% this year 

 (Reporting by Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com))