Kornit Digital Ltd Earnings Exceed Estimates by $0.03, While Revenue Falls Short

Kornit Digital Ltd recently announced its second-quarter earnings, reporting an earnings per share (EPS) of $0.02. This figure surpassed analysts’ expectations by $0.03, as the consensus estimate was projected to be a loss of $0.01. The company generated revenue of $48.6 million for the quarter, which fell short of the anticipated $50.24 million.

### Guidance

For the third quarter of 2024, Kornit Digital anticipates revenue in the range of $48.0 million to $52.0 million.

As for its stock performance, Kornit Digital’s shares closed at $14.31. The stock has declined by 6.96% over the past three months and has seen a significant drop of 48.89% over the last year. In the past 90 days, there has been one positive and one negative revision to EPS estimates for the company.

Kornit Digital’s financial health is reported to be at a “fair performance” level, according to recent assessments.

For those interested in staying updated on upcoming earnings reports, a dedicated earnings calendar can provide valuable insights.