Kornit Digital Ltd Earnings Surpass Expectations at $0.04, Profits Exceed Forecasts

According to Kornit Digital Ltd's (NASDAQ: KRNT) report, the earnings per share for the third quarter were $0.11, which is $0.04 better than analysts' expectations of $0.07. The reported profit for this quarter was set at $50.7M, while analyst expectations were $50.44M.

Kornit Digital Ltd has projected its fourth-quarter 2024 profit to be between $58.00M and $63.00M, while analyst estimates had indicated $60.03M.

Kornit Digital Ltd closed the day at $24.23, reflecting a 43.03% increase over the past three months. Over the last 12 months, the stock has increased by 46.85%. In the last 90 days, Kornit Digital Ltd saw 2 positive earnings per share and 4 negative earnings per share.

You can review how Kornit Digital Ltd's stock price reacted to past earnings reports. According to InvestingPro, Kornit Digital Ltd has a financial health rating of "Very Good Performance."

Explore the latest earnings reports and all financial information of Kornit Digital Ltd. Stay informed about all developments related to financial statements by visiting the Investing.com Earnings Calendar.