Kornit Digital reports Q3 EPS 9c, consensus 2c

Reports Q3 revenue $53.1M, consensus $51.79M. “This quarter, we delivered results above the midpoint of our guidance, achieving year-over-year revenue growth and positive cash flow from operations,” said Ronen Samuel, Chief Executive Officer of Kornit Digital (KRNT). “We continue to build momentum in penetrating the bulk apparel market and accelerating the replacement of traditional screen printing with our Apollo and Atlas MAX PLUS systems. In parallel, we are expanding our recurring revenues through our innovative All-Inclusive Click model, which is gaining traction across regions and becoming the preferred business model for customers scaling digital production.”