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Kornit Digital: Q2 Earnings Snapshot
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ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $11.2 million in its second quarter.

On a per-share basis, the Rosh-Haayin, Israel-based company said it had a loss of 26 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 4 cents per share.

The digital textile printer posted revenue of $55.3 million in the period.

For the current quarter ending in September, Kornit Digital said it expects revenue in the range of $55 million to $60 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KRNT at https://www.zacks.com/ap/KRNT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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