Kornit Digital reported a Q1 GAAP net loss of $8.2 million, or $0.19 per share, widening from a $5.1 million loss, or $0.11 per share, a year earlier. Non-GAAP net loss narrowed to $0.4 million, or $0.01 per share, indicating some underlying improvement despite continued red ink. The release is modestly negative and likely relevant primarily for KRNT shares rather than the broader market.
Kornit Digital reported a Q1 GAAP net loss of $8.2 million, or $0.19 per share, widening from a $5.1 million loss, or $0.11 per share, a year earlier. Non-GAAP net loss narrowed to $0.4 million, or $0.01 per share, indicating some underlying improvement despite continued red ink. The release is modestly negative and likely relevant primarily for KRNT shares rather than the broader market.
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mildly negative
Sentiment Score
-0.35
Ticker Sentiment
