Kornit Digital Provides Business Update in Response to COVID-19
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: GlobeNewswire
ROSH-HA`AYIN, Israel, March 26, 2020 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a leading provider of digital printing solutions for the global textile industry, today provided an update in response to the impact of the coronavirus pandemic (COVID-19) on its business and operations. Due to the rapidly evolving global impact of COVID-19, the Company is withdrawing first quarter 2020 guidance and currently expects first quarter 2020 revenues will be approximately 35-45% below the $47 million low-end of its prior revenue guidance. Prior guidance, which was provided on February 11, 2020, encompassed only the expected impact of COVID-19 in China and not today’s global disruption. The Company will provide further commentary when it releases its first quarter 2020 earnings results. "The first quarter was off to an excellent start before the global effects of COVID-19 began to severely impact the fashion, apparel and home décor sectors. We were expecting significant new busin
Show less
Read more
Impact Snapshot
Event Time:
KRNT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KRNT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KRNT alerts
High impacting Kornit Digital Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
KRNT
News
- Kornit Digital Ltd. (NASDAQ: KRNT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Shareholders in Kornit Digital (NASDAQ:KRNT) are in the red if they invested three years ago [Yahoo! Finance]Yahoo! Finance
- Digital Printing and Dyeing Machines Market size is set to grow by USD 10.51 billion from 2024-2028, Growing global demand for textiles to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Kornit Digital Ltd. (NASDAQ: KRNT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Kornit Digital Ltd. (NASDAQ: KRNT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
KRNT
Earnings
- 5/8/24 - Beat
KRNT
Sec Filings
- 5/29/24 - Form SD
- 5/8/24 - Form 6-K
- 3/28/24 - Form 20-F
- KRNT's page on the SEC website