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Digital textile ink and printer leader's second quarter revenues were $58.1 million.
August 11, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Kornit Digital Ltd. reported results for the second quarter ended June 30, 2022. Total revenue for the second quarter of 2022 was $58.1 million, net of $4.5 million attributed to the non-cash impact of warrants, compared to $81.7 million, net of $6.6 million attributed to the non-cash impact of warrants in the prior year period. GAAP net loss for the second quarter of 2022 was $19.5 million, or ($0.39) per basic share, compared to net income of $5.6 million, or $0.12 per diluted share, for...
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