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Kornit Digital Reports 3Q 2022 Results

Third quarter revenues were $66.8 million, net of non-cash warrants impact of $5.6 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kornit Digital Ltd. reported results for the third quarter ended Sept. 30, 2022. Third quarter revenues were $66.8 million, net of non-cash warrants impact of $5.6 million. Third quarter GAAP operating loss was $21.4 million and non-GAAP operating loss of $13.0 million, net of $5.6 million attributed to the non-cash impact of warrants. Consumables and Services revenues were up on solid demand from key accounts, as well as robust contribution from Atlas MAX upgrades. Macro-related and other pr...

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