Benzinga | Nov 10, 2020 05:02PM EST

Kornit Digital: Q3 Earnings Insights

Shares of Kornit Digital (NASDAQ:KRNT) were unchanged in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 100.00% year over year to $0.18, which beat the estimate of $0.13.

Revenue of $57,392,000 up by 28.74% year over year, which beat the estimate of $55,140,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 10, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/23bxszxs

Recent Stock Performance

Company's 52-week high was at $73.49

Company's 52-week low was at $22.17

Price action over last quarter: Up 17.96%

Company Profile

Kornit Digital Ltd offers digital printing solutions for the printed textile industry. It manufactures and markets industrial and commercial printing solutions for the garment, apparel and fabric industry. The group's business is operated through United States, Europe and Asia Pacific with a wide network of distribution channels around the globe. The company's customers include custom decorators, online businesses, brand owners and contract printers and its majority of revenue is derived from the US division.