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Kornit Digital Reports 3Q 2019 Results

Reports 3Q 2019 revenue of $44.6 million compared to $37.6 million in 3Q 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kornit Digital Ltd. reported results for the third quarter, ended Sept. 30, 2019. Third quarter 2019 revenue increased to $44.6 million, net of $5.1 million attributed to the non-cash impact of warrants, compared to $37.6 million, net of $1.7 million attributed to the non-cash impact of warrants in the prior year period. Increased revenue in the quarter was attributable to growth across the Company’s systems portfolio and strong market demand for the recently introduced Atlas, Poly Pro, and Pre...

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