Kornit Digital (KRNT) Reports Q1 Loss, Tops Revenue Estimates

Kornit Digital reported a quarterly loss of $0.01 per share, exactly in line with the Zacks Consensus Estimate. That compares with earnings of $0.01 per share a year ago, indicating a modest year-over-year deterioration but no surprise versus expectations. The report is largely neutral and likely to have limited market impact.

Analysis

Kornit Digital reported a quarterly loss of $0.01 per share, exactly in line with the Zacks Consensus Estimate. That compares with earnings of $0.01 per share a year ago, indicating a modest year-over-year deterioration but no surprise versus expectations. The report is largely neutral and likely to have limited market impact.