Latest news with #KornitDigital
Yahoo
30-05-2025
- Business
- Yahoo
Kornit Digital to Participate in the William Blair 45th Annual Growth Stock Conference
ROSH-HA`AYIN, Israel, May 30, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ('Kornit' or the 'Company') (Nasdaq: KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today announced that Ronen Samuel, Kornit's Chief Executive Officer, and Jared Maymon, the Company's Global Head of Investor Relations & Strategic Finance, will participate in a webcasted presentation at the William Blair 45th Annual Growth Stock Conference. Date: Tuesday, June 3, 2025Presentation Time: 1:00 pm ETClick here for webcast The presentation will also be available via live audio webcast and archived for replay on Kornit's investor relations website at About Kornit Digital Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion, and textile production technologies. The company offers end-to-end solutions including digital printing systems, inks, consumables, software, and fulfillment services through its global fulfillment network. Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries and states worldwide. To learn more about how Kornit Digital is boldly transforming the world of fashion and textiles, visit Investor Contact:Jared MaymonGlobal Head of Investor Relations & Strategic in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
15-05-2025
- Business
- Business Insider
Kornit Digital price target raised to $30 from $22 at Morgan Stanley
Morgan Stanley raised the firm's price target on Kornit Digital (KRNT) to $30 from $22 and keeps an Overweight rating on the shares after its Q1 earnings beat. Confidence in the Kornit story continues to build, with impressions growing 10% Y/Y, Apollo ramping quickly, adjusted EBITDA margins expanding, and most importantly, with annual recurring revenue having the potential to reach 20%, the analyst tells investors in a research note. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Associated Press
14-05-2025
- Business
- Associated Press
Kornit Digital Reports First Quarter 2025 Results
ROSH-HA`AYIN, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ('Kornit' or the 'Company') (Nasdaq: KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported results for the first quarter ended March 31, 2025. 'We delivered to our commitments in Q1, even as we operated in an uncertain macro environment,' said Ronen Samuel, Kornit's Chief Executive Officer. 'The apparel industry is undergoing significant disruption, and there has never been a better moment for Kornit to lead. Apollo combined with our AIC model is delivering robust impressions growth and unlocking the mass production segment which represents an estimated SAM of 4.5 billion impressions.' Mr. Samuel concluded, 'The opportunity ahead is enormous, and Kornit is advancing with clarity, conviction, and purpose. We are playing offense and leading this transformation of how fashion is created, consumed, and delivered.' First Quarter 2025 Results of Operations Second Quarter 2025 Guidance For the second quarter of 2025, the Company expects revenues to be in the range of $49 million to $55 million and adjusted EBITDA margin between negative 4% and 4%. First Quarter Earnings Conference Call Information The Company will host a conference call today at 8:30 a.m. ET, or 3:30 p.m. Israel time, to discuss the results, followed by a question-and-answer session with the investor community. A live webcast of the call can be accessed at To access the call, participants may dial toll-free at 1-877-407-0792 or 1-201-689-8263. The international number is 1 809 406 247. To listen to a replay of the conference call, dial toll-free 1-844-512-2921 or 1-412-317-6671 and enter access ID 13753164. The telephonic replay will be available approximately three hours after the completion of the live call until 11:59 pm ET on May 28, 2025. The call will also be available for replay via the webcast link on Kornit's Investor Relations website. About Kornit Digital Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion, and textile production technologies. The company offers end-to-end solutions including digital printing systems, inks, consumables, software, and fulfillment services through its global fulfillment network. Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries and states worldwide. To learn more about how Kornit Digital is boldly transforming the world of fashion and textiles, visit Forward Looking Statements Certain statements in this press release are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. securities laws. Forward-looking statements are characterized by the use of forward-looking terminology such as 'will,' 'expects,' 'anticipates,' 'continue,' 'believes,' 'should,' 'intended,' 'guidance,' 'preliminary,' 'future,' 'planned,' or other words. These forward-looking statements include, but are not limited to, statements relating to the Company's objectives, plans and strategies, statements of preliminary or projected results of operations or of financial condition and all statements that address activities, events, or developments that the Company intends, expects, projects, believes or anticipates will or may occur in the future. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties. The Company has based these forward-looking statements on assumptions and assessments made by its management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward-looking statements include, among other things: the duration and severity of adverse macro-economic headwinds that were caused by inflationary pressures and higher interest rates, which have impacted, and may continue to impact, in an adverse manner, the Company's operations, financial position and cash flows, in part due to the adverse impact on the Company's customers and suppliers; the Company's degree of success in developing, introducing and selling new or improved products and product enhancements including specifically the Company's Poly Pro and Presto products, and the Company's Apollo direct-to-garment platform; the extent of the Company's ability to consummate sales to large accounts with multi-system delivery plans; the degree of the Company's ability to fill orders for its systems and consumables; the extent of the Company's ability to increase sales of its systems, ink and consumables; the extent of the Company's ability to leverage its global infrastructure build-out; the development of the market for digital textile printing; the availability of alternative ink; competition; sales concentration; changes to the Company's relationships with suppliers; the extent of the Company's success in marketing; and those additional factors referred to under 'Risk Factors' in Item 3.D of the Company's Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025. Any forward-looking statements in this press release are made as of the date hereof, whether as a result of new information, future events or otherwise, except as required by law. Non-GAAP Discussion Disclosure The Company presents certain non-GAAP financial measures, in this press release and in the accompanying conference call to discuss the Company's quarterly results. These non-GAAP financial measures reflect adjustments to corresponding GAAP financial measures in order to exclude the impact of the following: share-based compensation expenses; amortization of intangible assets; restructuring expenses; foreign exchange differences associated with ASC 842; and non-cash deferred tax income. The Company defines 'Adjusted EBITDA' as non-GAAP operating income (loss), which reflects the adjustments described in the preceding paragraph, as further adjusted to exclude depreciation expense. The purpose of the foregoing non-GAAP financial measures is to convey the Company's performance exclusive of non-cash charges and other items that are considered by management to be outside of the Company's core operating results. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Furthermore, the non-GAAP measures are regularly used internally to understand, manage, and evaluate the Company's business and make operating decisions, and the Company believes that they are useful to investors as a consistent and comparable measure of the ongoing performance of the Company's business. The Company's non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with the Company's consolidated financial statements prepared in accordance with GAAP. Additionally, these non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies. The reconciliation tables included below present a reconciliation of our non-GAAP financial measures to the most directly comparable GAAP financial measures. Investor Contact: Jared Maymon Global Head of Investor Relations & Strategic Finance [email protected]
Business Insider
09-05-2025
- Business
- Business Insider
Analysts Offer Insights on Industrial Goods Companies: Kornit Digital (KRNT) and ZipRecruiter (ZIP)
There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Kornit Digital (KRNT – Research Report) and ZipRecruiter (ZIP – Research Report) with bullish sentiments. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Kornit Digital (KRNT) William Blair analyst Brian Drab maintained a Buy rating on Kornit Digital yesterday. The company's shares closed last Thursday at $19.18. According to Drab is a 4-star analyst with an average return of 17.9% and a 65.0% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Donaldson Company, Generac Holdings, and nVent Electric. Currently, the analyst consensus on Kornit Digital is a Strong Buy with an average price target of $29.60. ZipRecruiter (ZIP) In a report released yesterday, Ralph Schackart from William Blair maintained a Buy rating on ZipRecruiter. The company's shares closed last Thursday at $5.71, close to its 52-week low of $5.26. ZipRecruiter has an analyst consensus of Hold, with a price target consensus of $7.60.
Yahoo
23-04-2025
- Business
- Yahoo
Kornit Digital Sets First Quarter 2025 Earnings Release Date and Webcast
ROSH-HA`AYIN, Israel, April 23, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT) ('Kornit' or the 'Company'), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, May 14, 2025 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, in the "Investors" section. The dial-in information for the live call is: Live Call: 1-877-407-0792 or 1-201-689-8263Israel Troll Free: 1 809 406 247A replay of the call will be archived on the Company's website. Alternatively, the replay can be accessed via dial-in, available approximately three hours after the completion of the live call until 11:59 pm ET on May 28, 2025. Replay: 1-844-512-2921 or 1-412-317-6671Replay ID: 13753164 About Kornit Digital Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion, and textile production technologies. The company offers end-to-end solutions including digital printing systems, inks, consumables, software, and fulfillment services through its global fulfillment network. Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries and states worldwide. To learn more about how Kornit Digital is boldly transforming the world of fashion and textiles, visit Investor Contact: Jared Maymon Global Head of Investor Relations & Strategic Finance
