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Kornit Digital Reports Second Quarter 2021 Results

Revenue increases to $81.7 million, which is 118% year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kornit Digital Ltd. reported results for the second quarter ended June 30, 2021. Total revenue for the second quarter of 2021 was $81.7 million, net of $6.6 million attributed to the non-cash impact of warrants, compared to $37.4 million, net of $0.8 million attributed to the non-cash impact of warrants in the prior year period. GAAP net income for the second quarter of 2021 was $5.6 million, or $0.12 per diluted share, compared to net loss of $4.6 million, or $0.11 per basic share, for the sec...

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