Falls on dismal Q4 results

Kornit Digital

11/02/2020 22:23

** Shares of textile printer maker  KRNT.O  fall ~5% to
$40.88 in extended trading after Q4 profit and revenue miss 
    ** Profit misses est. for fifth qtr on the trot, while
revenue falls short of expectations for third straight qtr 
    ** Co hit by a 34.5% rise in selling and marketing expenses 
    ** Stock rose ~82% in 2019 

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