Industry News, Ink Manufacturers News, Printers News

Kornit Digital Reports 4Q, Full Year 2023 Results

Achieved break-even adjusted EBITDA and generated positive operating cash flow for the fourth quarter.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Kornit Digital Ltd. reported its results for the fourth quarter and full year ended Dec. 31, 2023. “We experienced a healthy peak season, with year-over-year growth in impressions and double-digit growth in high-margin consumable sales.” said Ronen Samuel, Kornit’s CEO. “This growth, combined with improvements to our operating efficiency and working capital position, drove us to positive adjusted EBITDA and cash from operations in the fourth quarter. “Despite a challenging operating enviro...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters