Industry News, Ink Manufacturers News, Printers News

Kornit Digital Reports 4Q, Full-Year 2020 Results

Total revenue for the fourth quarter of 2020 was $72.3 million, compared to $48.7 million last year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The inkjet business is doing well for Kornit Digital Ltd., which reported record results for the fourth quarter and full-year ended Dec. 31, 2020.   Total revenue for the fourth quarter of 2020 was $72.3 million, compared to $48.7 million last year. GAAP net income for the fourth quarter of 2020 was $5.9 million, or $0.12 per diluted share, compared to net income of $4.8 million, or $0.11 per diluted share, for the fourth quarter of 2019.   Total revenue for the full-year 2020 revenue wa...

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