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Kornit Digital Reports 2Q 2019 Results

Strong second quarter revenue of $43.9 million, up 22.3%, attributable to growth of systems, services and consumables sales.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kornit Digital Ltd. reported results for the second quarter, ended June 30, 2019.   Second quarter 2019 revenue increased by 22.3% to $43.9 million, net of $2.4 million attributed to the non-cash impact of warrants, compared to $35.9 million, net of $1.5 million attributed to the non-cash impact of warrants, in the prior year period. Increased revenue in the quarter was attributable to widespread growth of systems, services and consumables sales across geographies, particularly in the North Amer...

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