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Kornit Digital Reports First Quarter 2023 Results

First quarter revenues were $47.8 million, in line with prior guidance.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kornit Digital Ltd. reported its results for the first quarter ended March 31, 2023. “Promising indicators emerged during the first quarter in certain parts of our business, despite the persistent macroeconomic pressures,” said Ronen Samuel, Kornit’s CEO. “These indicators included the double-digit year-over-year impressions growth from several of our larger direct-to-garment (DTG) strategic accounts in the customized design market, and the continued adoption of our MAX technology. While capa...

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