Kornit Digital (KRNT) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Kornit Digital reported third-quarter 2024 revenue of $50.7 million, showing a significant turnaround with a non-GAAP net income of $5.5 million compared to a loss last year. Their innovative platforms, Apollo and Atlas MAX, are increasingly adopted, enhancing their market position in digital textile production. The company has also returned to adjusted EBITDA profitability, signaling positive operational progress.
For further insights into KRNT stock, check out TipRanks’ Stock Analysis page.
