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Company has a record 2019 with 39% year-over-year growth in system sales.
February 12, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Kornit Digital Ltd. reported results for the fourth quarter and full-year, ended Dec. 31, 2019. The company noted fourth quarter revenue of $48.7 million, net of $1.1 million attributed to the non-cash impact of warrants. Fourth quarter 2019 GAAP operating income was $3.3 million, and non-GAAP operating income was $5.8 million, net of $1.1 million attributed to the non-cash impact of warrants. Kornit officials said the company completed a year of innovative and successful new product intr...
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