Kornit Digital Ltd reports results for the quarter ended in December - Earnings Summary

Kornit Digital

15/02/2022 14:32

* Kornit Digital Ltd  KRNT.OQ  reported quarterly adjusted
earnings of 13 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 24 cents per share.
    * Revenue rose 21.1% to $87.55 million from a year ago; 
analysts
expected $89.77 million. 
    * Kornit Digital Ltd's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Kornit Digital Ltd shares had fallen by 35.4% this
quarter.
    * The company reported quarterly net income of $954
thousand.
    * Wall Street's median 12-month price target for Kornit
Digital
Ltd is $181.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 15 at 02:32 p.m.
 ​All figures in US dollars unless otherwise stated