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Stock impact report

Kornit Digital Ltd (KRNT) Q3 2024 Earnings Call Highlights: Strong Gross Margin Growth Amid ... [Yahoo! Finance]

Kornit Digital Ltd. - Ordinary Shares (KRNT) 
Last kornit digital ltd. - ordinary shares earnings: 2/11 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.kornit.com
Company Research Source: Yahoo! Finance
Non-GAAP Operating Expenses: $26.8 million, a decrease of 14% from the same period last year. Adjusted EBITDA: Positive $1.5 million for Q3 2024. Cash Balance: $561 million at the end of Q3 2024. Operating Cash Flow: $13.6 million for Q3 2024. Fourth Quarter Revenue Guidance: Expected between $58 million and $63 million. Fourth Quarter Adjusted EBITDA Margin Guidance: Expected to be in the 12% to 16% range. Warning! GuruFocus has detected 6 Warning Signs with KRNT. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Kornit Digital Ltd ( NASDAQ:KRNT ) reported revenues of $50.7 million and an adjusted EBITDA margin of 2.9%, both within the guidance ranges set in August. The company's gross margin improved significantly, climbing to over 50%, reflecting a more profitable sales mix and higher margin products and services. The revamped go-to-market strategy is unlocking significant new m Show less Read more
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