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The Apollo and Atlas MAX platforms continue to gain adoption among screen-replacement customers.
November 6, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Kornit Digital Ltd. reported results for the third quarter ended Sept. 30, 2024. Total revenue for the third quarter of 2024 was $50.7 million compared with $59.2 million in the prior year period, due primarily to lower systems revenues. GAAP gross profit margin for the third quarter of 2024 was 47.7% compared with 34.8% in the prior year period. On a non-GAAP basis, gross profit margin was 50.3% compared with 37.4% in the prior year period. GAAP net loss for the third quarter of 2024 was ...
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