Kornit Digital: Q2 Earnings Insights

 

Kornit Digital KRNT reported its Q2 earnings results on Wednesday, August 10, 2022 at 08:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Kornit Digital beat estimated earnings by 3.13%, reporting an EPS of $-0.31 versus an estimate of $-0.32.

Revenue was down $23.57 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 4.97% increase in the share price the next day.

Here’s a look at Kornit Digital’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.15 0.24 0.24 0.22
EPS Actual 0 0.13 0.24 0.22
Revenue Estimate 87.81M 89.77M 89.60M 77.44M
Revenue Actual 83.29M 87.55M 86.67M 81.67M

To track all earnings releases for Kornit Digital visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.